HomeMy WebLinkAboutResolution 94-08
RESOLUTION NO. 94- 08
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A RESOLUTl:OII OF THE Cl:TY OF OCOEE, FLORl:DA
AUTHORl:Zl:IIG THE KAYOR, Cl:TY KAHAGER AND
Fl:IIAIICE KAHAGER TO BE Sl:GIIATORl:ES 011 BEHALF OF
THE Cl:TY OF OCOEE FOR ALL OF THE Cl:TY'S BANK
ACCOUNTS; AUTHORl:Zl:IIG THE USE OF FACSl:Hl:LE
Sl:GIIATURES FOR TRAHSACTl:OIIS Wl:TH RESPECT TO
ALL BANK ACCOUNTS OF THE Cl:TY OF OCOEE;
AUTHORl:Zl:IIG THE Fl:IIAIICE KAHAGER AND Dl:RECTOR
OF ADHl:IIl:STRATl:VE SERVl:CES TO BE Sl:GNATORl:ES
011 BEHALF OF THE Cl:TY OF OCOEE FOR ALL OF THE
Cl:TY'S ACCOUNTS EXCEPT FOR BANK ACCOUNTS;
AUTHORl:Zl:IIG THE Cl:TY CLERK TO CERTl:FY TO
BANKS, Fl:IIAIICl:AL l:IISTl:TUTl:OIIS, BROKERAGES AND
OTHER l:IIVESTHEIIT AND HOllEY KAHAGEKEIIT
COHPAIIl:ES THE PERSOIIS HOLDl:IIG THE POSl:Tl:OIIS OF
THE AUTHORl:ZED Sl:GIIATORl:ES; PROVl:Dl:NG FOR
SEVERABl:Ll:TY; PROVl:Dl:IIG All EFFECTl:VE DATE.
WHEREAS, the City commission of the City of Ocoee desires
to authorize those persons who presently and hereinafter hold the
positions of Mayor, City Manager and Finance Manager to be
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signatories on behalf of the City of Ocoee for all of the City's
bank accounts; and
WHEREAS, the City Commission of the City of Ocoee desires
to authorize those persons who presently and hereinafter hold the
positions of Finance Manager and Director of Administrative
Services to be signatories on behalf of the City of Ocoee for all
of the City's accounts, except for bank accounts, including but not
limited to money market accounts and other accounts with brokerages
and other investment and money management companies; and
WHEREAS, the City Commission of the City of Ocoee desires
to authorize the use of facsimile signatures by the signatories for
~ transactions with respect to the city of Ocoee's bank accounts; and
WHEREAS, the City commission of the City of Ocoee desires
'- to authorize the City Clerk, from time to time as necessary, to
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certify to banks, financial institutions, brokerages and other
investment and money management companies the names of the persons
holding the positions of authorized signatories; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMKISSION OF
THE CITY OF OCOEE, FLORIDA, AS FOLLOWS:
SECTION ONE. Authoritv. The City Commission of the City
of Ocoee has the authority to adopt this Resolution pursuant to
Article VIII of the Constitution of the state of Florida, Chapter
166, Florida statutes, and Article VI of the Charter of the City of
Ocoee.
SECTION TWO. Authorized Sianatories for Bank Accounts.
The City commission of the City of Ocoee, Florida, hereby
authorizes those persons who presently and hereinafter hold the
positions of Mayor, City Manager and Finance Manager to be
signatories on behalf of the City of Ocoee for all of the City's
bank accounts. The signatures of any two of the three authorized
signatories shall be necessary to authorize a transaction with
respect to the City of Ocoee's bank accounts.
SECTION THREE. Facsimile signatures for Bank Accounts.
The City commission of the City of Ocoee, Florida, hereby
authorizes the use of facsimile signatures by the authorized
signatories for transactions with respect to the City of Ocoee's
bank accounts.
SECTION FOUR. Authorized Sianatories for All city
Accounts. exceDt Bank Accounts. The City Commission of the City of
Ocoee, Florida, hereby authorizes those persons who presently and
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hereafter hold the positions of Finance Manager and Director of
Administrative services to be signatories on behalf of the city of
Ocoee for all of the City'S accounts, except for bank accounts,
including but not limited to money market accounts and other
accounts with brokerages and other investment and money management
companies. The signatures of anyone of the two authorized
signatories shall be necessary to authorize a transaction with
respect to such accounts of the City of Ocoeei provided, however,
that all transfers of funds from such accounts, whether by wire
transfer or otherwise, shall be made only to bank accounts of the
ci ty of Ocoee. All transfers of funds from such accounts are
expressly prohibited except for transfers to bank accounts of the
City of Ocoee.
SECTION PIVE. certification by city Clerk. The City
commission of the City of Ocoee, Florida, hereby authorizes the
city Clerk, from time to time as necessary, to certify to banks,
financial institutions, brokerages and other investment and money
management companies the names of the persons holding the positions
of Mayor, City Manager, Finance Manager, and Director of
Administrative Services.
SECTION SIX. Severability. If any section, subsection,
sentence, clause, phrase or portion of this Resolution is for any
reason held invalid or unconstitutional by any court of competent
jurisdiction, such portion shall be deemed a separate, distinct and
independent provision and such holding shall not affect the
validity of the remaining portion hereto.
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SECTION SEVEN.
Effective Date. This Resolution shall
~ become effective immediately upon passage and adoption and shall
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remain in full force and effect until repealed.
PASSED AND ADOPTED this .1.!J..:uL day of A P R ~ L
ATTEs'r:
Clerk
(SEAL)
FOR USE AND RELIANCE ONLY BY
THE CITY OF OCOEE, FLORIDA
APPROV!'p" ,~S TO FORK,t(!f LALITY
this ~ day of r, ,1994.
FOLEY , LARDNER
;J r f!v~
City Attorney
By:
C:\WP5I\DOCSIRESOBANK.2 I 4nD194 I DEBBIEH I PER:ddh
, 1994.
APPROVED:
CITY OF OCOEE,~FLORIDA
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;:;; ~;ct L/ClJ. t~~
S. Scott Vandergrif', ayor
READ FIRST TIME AND ADOPTED
~PI\1.L \'1 , 1994,
UNDER AGENDA ITEM NO. vr B
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