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HomeMy WebLinkAboutTC Res 2002-06-05 (3) RESOLUTION NO. 27-2002 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TlBURON AMENDING RESOLUTION NO. 03-2002 WHICH AUTHORIZES THE SIGNING AND ENDORSING OF CHECKS AND OTHER INSTRUMENTS OF PAYMENT & ACCESS TO DOCUMENTS RETAINED IN SAFEKEEPING r--- WHEREAS, the Town of Tiburon has, by resolution, adopted a policy which identifies the employees and officials who may sign and endorse checks and other instruments of payment on behalf of the Town, and which employees may have authorization for access to Town documents held in safekeeping: and WHEREAS, from time to time as employees authorized to sign and endorse checks and other instruments of payment on behalf of the Town leave the employment of the Town it becomes necessary to add an authorized signer; and WHEREAS, subsequent to the adoption of Resolution 03-2002 on January 2, 2002, the Town Council has approved an interdepartmental change in personnel and has appointed a new Town Councilmember, which actions now require an amendment to Resolution No. 03-2002; NOW THEREFORE, BE IT RESOLVED THAT: ~ L The Bank of America, Tiburon Branch, shall be the depository for all funds of the Town ofTiburon. Commercial accounts shall be established and maintained by and in the name of the Town of Tiburon and its Redevelopment Agency at the designated bank upon and subject to such terms as may be agreed to from time to time. 2. All checks, drafts and other instruments for payment from the Town's commercial General and Redevelopment Agency accounts in the amount of $2,500.00 or less, or relating to the Town's state and federal payroll tax obligations or PERS retirement or health insurance benefit obligations in any amount shall be signed on behalf of the Town by any two (2) of the following people: Town Manager (Alex Mcintyre), Town Attorney (Ann Danforth), Director of Administrative Services (Heidi McVeigh). or any member of the current Town Council (Alice Fredericks, Miles Berger, Tom Gram, Jeff Slavitz, Andrew Thompson), 3, All payroll, payroll payable, and payroll benefit checks shall be signed by the Town Manager, or in his absence, the Town Attorney, the Director of Administrative Services, or any member of the Town Council. 4. All other checks, drafts and instruments for payment shall be signed on behalf of the Town and its Redevelopment Agency by the Town Manager, Town Attorney, Director of Administrative Services, or Town Treasurer and by one member of the Town Council (Board of Directors of the Tiburon Redevelopment Agency). ~ 5. All checks, drafts or other instruments for payment made payable to the Town of Tiburon may be endorsed for deposit by written or stamped endorsement in the name of the Town of Tiburon (Tiburon Redevelopment Agency) without individual signatures. .- 6. Staff is directed to provide a certified copy of this resolution to the Bank of America r--- along with signature authorization forms which include signatures of the individuals currently holding the following positions: Town Manager, Town Attorney, Director of Administrative Services and Town Council members. The Town Clerk shall inform the Bank of America of any changes in these positions and provide new signature cards when necessary. 7. The Bank of America is requested and authorized to honor, receive, certifY or pay any instrument signed or endorsed in accordance with this Resolution. This Resolution and signature authorization forms submitted by the Town Clerk shall remain in full force and effect, and the Bank is authorized and requested to rely and act thereon, until such time as the Bank receives written notice of any changes from the Town Clerk. 8, The Bank of America, Tiburon Branch is the location of four Safe Deposit Boxes that the Town rents from the Bank. The following employees of the Town are authorized by signature to place, extract, or review items held in safekeeping: Town Manager (Alex McIntyre), Town Attorney (Ann Danforth), Director of Administrative Services (Heidi McVeigh), and Town Clerk (Diane Crane Iacopi), PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon on June 5, 2002, by the following vote: AYES: NOES: ABSENT: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: Berger, Fredericks, Gram, Slavitz, Thompson None None / ""' TOM GRAM, MAYOR Town of Tiburon ATTE~/~(' ~ DIANE CRANE IACOPI, TOWN CLERK ""'