HomeMy WebLinkAboutTC Res 1979-09-05 (2)
RESOLUTION NO. 1060
A RESOllJTION OF THE 'JUfJN COUNCIL OF THE 'IUiVN OF TIBURON
AUTHORIZING SIGNING AND ENDORSING OF GIECKS AND OTHER
INSTRUMENTS
BE IT RESOLVED AS FOI.J.ati1S:
1. That Home Savings - Tiburon Branch, Civic Federal Savings and
Loan Association - Corte Madera Branch, and the Bank of America, Tiburon are
hereby selected and designated as the depositories of funds of the TONn of
Tiburon and that checking accounts be established and maintained by and in the
name of this Town at said banks, upon and subj ect to such tems and conditions
as the Councilmen hereinafter designated, or any of than, may from time to
time agree upon with said banks, and
(a) Tha t all checks, drafts and other instruments in the amount of
$500 or less for the payment from said accounts at said offices be signed
on behalf of the Town of Tiburon by Robert L. Kleinert and one of the following:
F.G. Knight, Alan P. Nadritch, or one of the preceding and one of the following:
Dennis Rockey, Philip B. Bass, Joan Bergsund, Harold Edelstein, or Kirk Hanson.
Payroll checks will be signed by either Robert L. Kleinert or F .G. Knight,
or in their absence, a Councilmen.
(b) That any checks, drafts or other instruments for the payment
from said accounts or at said offices be signed on behalf of the Town of
Tiburon by F.G. Knight, Robert L. Kleinert, or Alan P. Nadritch and one of the
following: Dennis Rockey, Philip B. Bass, Joan Bergsurrl, Harold Edelstein,
or Kirk Hanson.
2. That any checks, drafts or other instruments for the payment of
money, endorsed on behalf of the Town for deposit with or collection by said
banks, may be endorsed in the name of the Town by written or stamped endorsanent, with-
out designation or signature of the person making such endorsanent; and
3. That the Town Clerk is hereby authorized and directed to certify
to said banks that this Resolution has been duly adopted, and is in accordance
with this Resolution and the certification then in effect as above provided
for, including any such instrument drawn or endorsed to the personal order of,
or presented for ,negotiation or encashment by, any official signing or
endorsing the same; and
4. Tha t said banks are hereby requested and authorized to honor,
receive, certify or pay any such instrument signed or endorsed in accordance
with this Resolution and the certification then in effect as above provided
for, including any such instrument drawn or endorsed to the personal order of,
or presented for negotiation or encashrnent by any official signing or endorsing
the same; and
5. Tha t this Resolution and each certification shall renain in full
force and effect, and said banks are authorized and rB:1Uested to rely and act
thereon, until they shall receive at their office to which the certified copy
of this Resolution is delivered, either a certified copy of a further Resolution
of the Town Council of the Town of Tiburon amending or rescinding this Resolution
or a further certification as above provided for, as the case may be; and
6. That Resolution No. 997 is .hereby rescinded.
PASSED AND ADOPTED at a reg-ular meeting of the Town Council of the
Town of Tiburon on Sen-tAllher S , 1979, by the following vote;
AYES: COUNCIlMEN: Bergsund, Hanson, Edelstein, Rockey, Bass
NOES: COUNCIlMEN: None
ABSENT:
COUNCIlMEN: None
Drafted 8/23/79
.. <Vu J& Unll/Ji4(,