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HomeMy WebLinkAboutResolution No. 88-09 '� RESOLUTION R88-9 ° RESOLUTIONS TO GOVERN HANDLING OF ACCO T _ (CORPORATION—ASSOCIATION) � TO: TEXAS COMMERCE BANK—FRIENDSWOOD, FRIENDSWOOD,Texas IT IS HEREBY CERTIFIED that the (che:;k if "a Corporation" is checked below: ❑the Board of Directors of) City of Friendswood Pa roll Account ❑a Corporation ❑an Association, hereinafter referred to as "Company,"at a meeting held on the 2�ay of February 19 8II,which was duly and regularly called, noticed and held,and at which there was present a quorum thereof,the following resolution was unanimously adopted,to wit: RESOLVED: That TEXAS COMMERCE BANK—FRIENDSWOOD, FRIENDSWOOD, Texas ("Bank"), be and is hereby selected as a depository for the funds of Company; that Bank is authorized to obtain such information from such sources, including credit investigation,as it deems appropriate to satisfy itself as to Company's acceptability as a customer;that the funds of Company be deposited in an account styled as follows: that the funds shall be withdrawn from said account on the check of Company when signed by (SPECIFY NUMBER OF SIGNATURES REQUIRED ON CHECKSI TW� of the following officers of Company;that they are authorized for and on behalf 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 � 1 Jim Harrell Councilman Annette A. Brand City Manager Keith Neilson � ��Y v Finance Director L.J. Bucher � Accountant+ Deloris McKenzie City Secretary FURTHER RESOLVED: That any of the above-named officers shall be authorized to sign individually for and receive the statements and cancelled vouchers of Company, or to appoint in writing agents to so sign for and receive such documents, and any one of the above- named officers is hereby further authorized to stop payment against checks of Company and to bind Company thereto. It is further 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 issue or the disposition of their proceeds whether drawn to the individual 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 authorized and directed to certify to Bank the foregoing resolutions and that the provisions thereof are in conformity with the charter, bylaws or articles of association of Com- pany and that the foregoing resolutions and the authority thereby conferred shall remain in full force and effect until Company notifies Bank to the contrary in writing and Bank may conclusively presume that such resolutions are in effect and that the persons identified 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 force and effect and that the above-named officers of Company have been duly elected or appointed to hold office and are presently holding office and are empowered to act for and on behalf of Company in any of its business with Bank within the authority prescribed in the foregoing resolutions. (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 set our hands this 14 t h day of this Corporation this day of , M a r c h ���$ 19 � • Secretary or ecortlln fficer Secretary President or Presitling Offlcer SEAL �#PRRQY�[�: Retiring Secty. ^ Retiring Pres. P•013•05045 (Rev,9/84) °'�` RESOLUTION R88-9 RESOLUTIONS TO GOVERN HANDLING OF ACCO f (CORPORATION—ASSOCIATION) TO: TEXAS COMMERCE BANK—FRIENDSWOOD, FRIENDSWOOD,Texas IT IS HEREBY CERTIFIED that the (che::k if "a Corporation" is checked below: ❑the Board of Directors of) __ Cit_v of Friendswood Consol ida Pri Cash F �nd O a Corporation ❑an Association, hereinafter referred to as "Company,"at a meeting held on the 26 day of February 19 88 ,which was duly and regularly called, noticed and held,and at which there was present a quorum thereof,the foilowing resolution was unanimously adopted,to wit: RESOLVED: That TEXAS COMMERCE BANK—FRIENDSWOOD, FRIENDSWOOD, Texas ("Bank"), be and is hereby se�ected as a depository for the funds of Company; that Bank is authorized to obtain such information from such sources, including credit investigation,as it deems appropriate to satisfy itself as to Company's acceptability as a customer;that the funds of Company be deposited in an account styled as follows: that the funds shall be withdrawn from said account on the check of Company when signed by (SPECIFY NUMBER OF SIGNATURES REQUIRED ON CHECKS) TW� of the following officers of Company;that they are authorized for and on behalf 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 AUTHORI2ED SIGNATORY OFFICERS. (Desig�ate special combinations,if any.) NAME TITLE Councilman Annette A. Brand City Manacier Keith Neilson .��e%c/� ��G��'l Finance Director L.J. Bucher Accountant Deloris McKenzie ' City Secretary FURTHER RESOLVED: That any of the above-named officers shall be authorized to sign individually for and receive the statements and cancelled vouchers of Company, or to appoint in writing agents to so sign for and receive such documents, and any one of the above- named officers is hereby further authorized to stop payment against checks of Company and to bind Company thereto. It is further 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 issue or the disposition of their proceeds whether drawn to the individual 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 authorized and directed to certify to Bank the foregoing resolutions and that the provisions thereof are in conformity with the charter, bylaws or articles of association of Com- pany and that the foregoing resolutions and the authority thereby conferred shall remain in full force and effect until Company notifies Bank to the contrary in writing and Bank may conclusively presume that such resolutions are in effect and that the persons identified 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 force and effect and that the above-named officers of Company have been duly elected or appointed to hold office and are presently hofding office and are empowered to act for and on behalf of Company in any of its business with Bank within the authority prescribed in the foregoing resolutions. 11) If a Corporation,sign below: (2) If an Association,sign below: In Witness Whereof, 1 have hereunto set my hand and seal of In Witness Whereof,we have set our hands this 14 t h day of this Corporation this day of , M a r c h , �g$$ , 19 Secretary r eco i Offic Secretary Presltlent or Presiding Of icer SEAL APPROVED: Retiring Secty. Retiring Pres. P-013-05045 (Rev,9/84) _ �"' RESOLUTIUN R�'�'-9 � RESOLUTIONS TO GOVERN HANDLING OF ACCO� .f (CORPORATION—ASSOCIATION) TO: TEXAS COMMERCE BAWK—FRIENDSWOOD, FRIENDSWOOD,Texas IT IS HEREBY CERTIFIED that the (che::k if "a Corporation" is checked below: 0 the Board of Directors of) City of Friendswood Bond & Coupon Account 0 a Corporation O an Association, hereinafter referred to as "Company,"at a meeting heid on the 26 day of February 19 8g ,which was duly and regularly called, noticed and held,and at which there was present a quorum thereof,the following resolution was unanimously adopted,to wit: RESOLVED: That TEXAS COMMERCE BANK—FRIENDSWOOD, FRIENDSWOOD, Texas ("Bank"1, be and is hereby selected as a depository for the funds of Company; that Bank is authorized to obtain such information from such sources, including credit investigation,as it deems appropriate to satisfy itself as to Company's acceptability as a customer;that the funds of Company be deposited in an account styled as follows: that the funds shall be withdra�,{rom said account on the check of Company when signed by (SPECIFY NUMBER OF SIGNATURES REQUIRED ON CHECKS► u of the following officers of Company;that they are authorized for and on behalf of Company, to endorse for deposit or for encashment,checks and drafts and to demand and receive the proceeds thereof: PLEASE TYPE OR PRIIVT PIAtNLY BELOW THE NAMES OF THE AUTHORIZED SIGNATORY OFFICERS. (Designate special combinations,if any.) NAME TITLE Jim Harrell Councilman Annette A. Brand � � City Manager Keith Neilson ,�G-l/!� ���GCGy✓ Finance Director L.J. Bucher Accountant G Deloris McKenzie . � City Secretary FURTHER RESOLVED: That any of the above-named offiicers shalf be authorized to sign individually for and receive the statements and cancetled vouchers of Company, or to appoint in writing agents to so sign for and receive such documents, and any one of the above- named officers is hereby further authorized to stop payment against checks of Company and to bind Company thereto. It is further resolved that any indebtedness c�eated 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 issue or the disposition of their proceeds whether drawn to the individual order of, or tendered in payment of any individual obligations of, any ot 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 authorized and directed to certify to Bank the foregoing resolutions and that the provisions thereof are in conformity with the charter, bylaws or articles of association of Com- pany and that ihe foregoing resolutions and the authority thereby conferred shall remain in fu11 force and effect untif Company notifies Bank to the contrary in writing and Bank may conclusively presume that such resolutions are in effect and that the persons identified 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 force and effect and that the above-named officers of Company have been duly e�ected or appointed to hold office and are presently holding office and are empowered to act for and on behalf of Company in any of its business with Bank within the authority prescribed in the foregoing resolutions. (1) If a Corporation,sign below: (2) If an Association,sign below: In Witness Whereof, I have hereunto set my hand and seaf of In Witness Whereof,we have set our hands this 14 t h day of this Corporation this day ofi , Ma r c h , �g8 8 � • 19 Secretary r Recor g Offlcer //1!„��.�4/ • �CJ�S/� _ Secretary � President or Presiding Officer SEAL APPROVED: Retirin9 SeCtY. : Retiring Pres. P-013-05045 (Rev.9{94)