HomeMy WebLinkAbout2005-04 Banking Signatures
RESOLUTION NO. 2005-04
A RESOLUTION AUTHORIZING SIGNATURES, INCLUDING FACSIMILE SIGNATURES,
FOR BANKn~G SERVICES ON BEHALF OF THE CITY OF ASHL.AND
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1. The following persons are authorized to sign on behalf of the city, orders for payment
or withdrawal of money: John Morrison, Mayor, and Barbara Christensen, Recorder/Treasurer; or
in their absence, D. L. Tune berg, Director of Finance.
Such authority shall remain in force until revoked by written notice to the affected bank of the
action taken by the council of the City of Ashland.
All prior authorizations are superseded.
SECTION 2. ,Any designated depository ("Bank") of the City of Ashland is authorized and directed
to honor and pay any checks, drafts, or other orders for the payment of money withdrawing funds
from any account of the city when bearing or purporting to bear the facsimile signatures of the
persons listed in Section One of this resolution whether such facsimile signatures be made by
stamp, machine, or other mechanical device' The Bank is authorized and directed to honor and to
charge the city for such checks, drafts, or other orders for the payment of money, regardless of how
or by whom such actual or purported facsimile signatures were made, provided they resemble the
facsimile signatures duly certified to and filed with the Bank by the city recorder or other officer of
the city.
SECTION 3. This Resolution takes effect upon signing by the Mayor.
This resolution was rl by title only in accordance with Ashland Municipal Code ~ 2.04.090
duly 7SED this day of January 2005.
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Barbara Christensen, City Recorder
SIGNED and APPROVED this ~ day of January 2005.
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RESOL VED, That these resolutions shall continue in force until express \\1'itten notice of their rescission or
modification has been furnished to and received by the Bank; and
RESOL VED, That any and all transaction<) by or on behalf of the Depositor with the Bank prior to the adoption of
this resolution be, and the same hereby aTe, in all respects ratified, approved and confirmed.
I ftn1her cer1ify that the officers of the Depositor signing the resolution. have, and at the time of adoption of said
resolutions had, full power and lawful authority to adopt the foregoing resolutions and to confer the pmvers therein granted
to the persons named, and that such persons have f1111 power and authority to exercise the senne.
I ftn1her cer1ify that the name:s. titles (if any) and signatures (actual or facsimile) of the persons authorized to sign
or act on behalf of the Depositor by its governing board identified above are as set forth below in the section oftrus
Resolution entitled "Authorized Signers".
I fin1her cer1if)r, under penalties of perjury, that the ta-x identification number shoVirrl above is conect and that the
Depositor is not subject to backup ,vithholding because (a) it is exempt. (b) has not been notified by the Internal Revenue
Sen'ice (IRS) that it is ~mbject to backup withholding as a re~1Jlt of a failure to repo11 all interes.l or dividends or (c) 1he IRS
has notified the Depositor that it is no longer subject to backup withholding.
Account Number: 1-536-0254-1069
Authorized Signers
~
W.
.John l\Iorrison
Title
Barbara Christens('~n
City Recorder
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42K~
l\Iayor
D. L. Tuneberg
Finance Director
IN \VITNESS \VHEREOF, I have hereunto ~mbscribed my name and affL-xed the seal of the Depositor this
day of
,20
(Certijving OJJicer)
(Title)
(Atte.st by one other officer)
(Title)
2
061689 J\V 00088108205
DEPOSITORY SER\1CES RESOLUTION FOR GO\'ER.~l\'IENT AL ENTITIES
DEPOSITOR NA~lfE:
CITY Ot' ASHLAND
CONCENTRATION ACCT
CONTACT:
BARBARA. CHRIS TENSEN
ADDRESS:
20 E :MAIN ST
ASHLAND OR 97520-1850
TA--,X IDENTIFICATION NlJ1\lBER:
93-6002117
I, ~~ ~~rā¬AJSe;J
hereby certify that I am the c..c. e..eo Tre.asurt:..r (title ofcert;jving oj/icer) of the
above-named govermnental entity (therein called (he II epositorl/) a On, t!Lp~'@u&rI/kJ.M.1' existing under
the la\\'s of the State of Oregon and that the following is a tI~)~te and coned copy of
reso~utions adopted at a meeting of the Depositor duly and properly caned .md held on the 4 _ day of
..J M UGl..Y'L1 _ ' 20 0 E" ; that a Q1JOl1Jill was present at said meeting~ and that said resol\1tions are no\v in
fiJl] force an~
(name ofcertij~ing officer) do
RESOL \/ED, that U.S. Bank National Association is hereby designated as a depository ofthe Depositor with
authority to accept or receive at any time for the credit of the Depositor deposits by whomsoever made of funds and other
property in whatever form or manner 1ransfened to endorsed; and that any officer of the Depositor is hereby authorized to
open m cause 10 be opened one m more accounts with the Bank on such telms, conditions and agreemen1s a.c; the BMlK may
no,,,, or hereafter require and to make any other agreements deemed advisable in regal"d to any of the foregoing. Depo,sitor
ackn<nvledges and agrees that the services contemplated by this resolution shan be governed by the U.S. Bank Customer
Agreement for commercial deposit accounts, as amended from time to time.
RESOL\'ED, 1ha.t checks, drafts or other orders for the payment, transfer or withdra\val of any of the funds or
other property of the Depositor on deposit with the Bank shall be binding on the Depositor when signed, manually or by use
of a facsimile or mechanical signature or otherwise authorized, by anyone of the individuals listed in the section entitled
"Authorized Signers"'. and the Bank is hereby authorized to pay and charge to the account of the Depositor any sucb checks,
drafts or other orders so signed or otherwise authorized, including those payable to the individual order o(llie same -person
or persons signing or otherwise authorizing the same and including also those payable to the Bank or to any other person for
application, or which are actually appJied to the payment of any such indebtedness owing the Bank from the person or
persons who signed such checks, drafts or other \vithdrawal orders or otherwise authorized such withdrawals. In particular,
and not in limitation offoregoing, such person"i may authorize payment, transfer or ,vithdrawal by oral or telephonic
directions to the Bank complying with such rules and regulations relating to such authorization as the Bank IIlay
communicate to the Depositor ffom time to time.
RESOLVED. tbatthe' ~ ~~<< /Trlas.u..r<.r (identify
certijving ojJicer by title) hereby cerlifies to the Bank the names and signauues (either actual or any form or fonus of
facsimile or mechanical signatures adopted by the person aulhorized to sign) of the Authorized Signers llsted below and
shall from time to time hereafter, upon a change in the facts so certified. immediately certify to the Bank the names and
signa.tures (actual or fa.csimile) of the persons then authorized to sign or to act. The Bank shall be fully -protected in relying
on such celiificates and on the obligation of the certifYing officer (set forth above) to immediately celiifY to the Bank any
change in any facts so ce11ified. and the Bank shall be indemnified and saved harmless by the Depositor from any c1airll'>,
demands, expenses, loss or damage resulting from or growing out of honoring or relying on the signature of other authority
(,vhether or not properly used and, in the case of any facsimile signature, regardless of 'v hen or by whom or by what means
such signalllre may have been made or affixed) of any officer or person whose name and signature was so certified, or
reftls'ing to honor any s'ignauJre or authority not ,S'O certified.
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