HomeMy WebLinkAboutResolution No. 91-03 RESOLUTIONS70 GOVERN HANDLING OF ACCOUNT
(CORPORATION—ASSOCIATION)
RESOLUTION R91-3
h TO: TEXAS COMMERCE BANK NATIONAL ASSOCIATION,Houston,Texas
� IT IS HEREBY CERTIFIEp that the (if "a Corporation"is checked below,check this box: D the Board of Directors of)
Cit� of Friend-�wcx�c7 CIP/I�tpact Fee Fund #01300817866' ' '
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❑a Corporation �an Association, hereinafter referred to as "Company,"at a meeting held on the, �th day of_J���-; - - - ;
1991 ,which was duly and regularly called,noticed and held,and at which there was present a quorum thereof,the followin�Fesbiution was
unanimously adopted,to wit:
RESOLVED: That TEXAS COMMERCE BANK NATIONAL ASSOCIATION, Houston, Texas ("Ba�k"�, be and it Fiereby selected
as a depository for the funds of Company;that Bank is authorized to obtain such information from such sources,including�cred�t iniiestigation,
as it deems appropriate to satisfy itself as to Company's acceptability as a customer;that the funds of Company be deposit�� irl an account
styled as follows:
�
that the funds shall be withdrawn from said account on the check of Company when signed by (SPECIFIf IVUMBEF# U� SIGNATURE$
REQUIRED ON CHECKS) � of the following officers of Company;that they are authorized for and on 6elialf of Company,
to endorse for deposit or for encashment,checks and drafts and to demand and receive the proceeds thereof:
PLEASE TYPE OR PRINT PLAINLY BELOW THE NAMES OF THE AUTHORIZED SIGNATORY OFFICERS.
(Designate special combinations,if any.)
NAME TITLE
Ronald H. Ritter Council �r Posit�ion 1
Ronald E. Cox City Manager
Roger C. R�ecker Dixector of Finance
Deloris Archer City Secret�ry
FURTHER RESOLVED: That any of the above-named officers shall be authorized to sign individually for anc�receive tha statements
and cancelled vouchers of Company, or to appoint in writing agents to so sign for and receive such documents,and eny one nf the above-
named officers is hereby further authorized to stop payment against checks of Company and to bind Company theteta. It is furth@r resolved
that any indebtedness created in connection with this account by any of the signing officers of Company, whose signatures shall be required
on checks or drafts or other orders of payment or funds transfers,shall be the debt of Company.
FURTHER RESOLVED: That Bank is hereby authorized to receive such drafts, checks,notes or orders so executed for the credit of,
or in payment from, the payee or any other holder without inquiry in any case as to the circumstances of their issu�`or the disposition of
their proceeds whether drawn to the individuaF order of, or tendered in payment of any individual obligations of,any of the officers above-
named,or other officers of Company or otherwise.
FURTHER RESOLVED: That the Secretary or Recording Officer of Company be and hereby is authoriied and directed to certify
to t3ank the foregoing resulutions and that the provisions the�eor' are in conformity with the charter,byfaws or articles of association of Com=
pany and that the foregoing resolutions and the authority thereby conferred shall remain in full force and effect unti)Company notifies Bank
to the contrary in writing and Bank may conclusively presume that such resolutions are in eff�ct and that the persons identifiec�from time
to time as officers of Company by certificate of the Secretary or Recording Officer have been duly elected or appointed and continue to
hold such offices. �
It is further certified that the foregoing resolutions have never been modified or amended�and are now in'full�`for�e and�effect'er'�d that
the above-named officers of Company have been duly elected or appointed to hold office and are'presently:holding o�fice and�af@ erripowered
to act for and on behalf of Company in any of its business with Bank within the authority prescribed'in the foregoing resolut`ions:;
(1) If a Corporation,sign below: (2) If an Association;sign below:
In Witness Whereof, I have hereunto set my hand and seal of In Witness Whereof,we have se�our hands t�i'is ' � ��•A� ` day of
this Cocporation this 7 tblay of Januar�_, K �$'� �''
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Se ary Presldent or Presldln��Otticer
SEAL
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� APPROVED ,
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