2007-004 Commercial Credit Card Account
RESOLUTION NO. 2007-004
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
OCOEE, FLORIDA, AUTHORIZING SUNTRUST BANK TO
ESTABLISH AND MAINTAIN A COMMERCIAL CREDIT CARD
ACCOUNT IN THE NAME OF THE CITY OF OCOEE,
FLORIDA.; PROVIDING FOR SEVERABILITY AND PROVIDING
FOR AN EFFECTIVE DATE.
WHEREAS, SunTrust Bank has qualified as a Public depository
pursuant to the provisions of Chapters 136 and 280, Florida Statutes; and,
WHEREAS, inasmuch as SunTrust Bank has been designated as a
qualified depository for City of Ocoee Funds, the City Commission desires
by means of this resolution to authorize said depository to enter into and
execute any agreements or documents SunTrust Bank may require in order
to establish and maintain a commercial credit card account; and
WHEREAS, the City of Ocoee shall be bound by both terms and
conditions of relevant agreements, and SunTrust Bank's rules and
regulations related thereto; and,
WHEREAS, SunTrust Bank has requested that the City of Ocoee
provide samples of the signatures of the Mayor of Ocoee, Florida and the
City Clerk of Ocoee, Florida to facilitate the establishment of a commercial
credit card account, and execute any agreements or documents required by
SunTrust Bank; and.
WHEREAS, the City of Ocoee is authorized and directed to furnish
Sun Trust Bank a copy of this resolution, which resolution shall continue
full force and effect until written notice of modification or revocation of this
resolution has been received by SunTrust Bank and they have had
reasonable time to act on such notice.
NOW THEREFORE, BE IT RESOLVED by the City Commission of
Ocoee, Florida as follows:
1. That Sun Trust Bank, as a qualified depository of the City of Ocoee,
Florida, is hereby requested, authorized and directed to establish and
maintain a commercial credit card account in the name of the City of Ocoee,
Florida.
2. That upon adoption by the Ocoee City Commission in open session,
this resolution shall be made a part of the Public Records of City of
Ocoee, Florida and a copy hereof shall be furnished to SunTrust Bank.
3. This Resolution shall take effect on -:I u..\~ l \ I J.CJ)-'
PASSED AND RESOLVED this \ l ~ day of:T \,L Y , 2007.
APPROVED:
ATTEST:
CITY OF OCOEE, FLORIDA
~~.l~o
City Clerk
DATE: l-lt- 200l
(SEAL) ,
,- )A- ()~
FOR USE AND RELIANCE ONLY BY
THE CITY OF OCOEE, FLORIDA
APPROVED AS TO FORM AND LEGALITY
this ~~-+'aay of j v...~ ,2007.
APPROVED BY THE OCOEE CITY
COMMISSION AT A MEETING HELD
ON June 5th 2007
UNDER AGENDA ITEM NO. E-5.
FOLEY & LARDNER, LLP
By: 1l1M~
A~ ,sJ-,J- City Attorney