HomeMy WebLinkAboutCC Reso No 1988-15RESOLUTION N0. $$-15
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF LAKE ELSINORE, CALIFORNIA, REPEALING RESOLUTION
86-89, AUTHORIZING AND ESTABLISHING BANK ACCOUNTS
IN VARIOUS FINANCIAL INSTITUTIDNS FOR INVESTMENT
AND GENERAL PURPOSES.
BE IT RESOLVED, that the City of Lake Elsinore estab-
lish in its name one or more deposit accounts with various
financial institutions as may~ be,.determined by the City Treasurer
and the Administrative Services Director.
BE IT FURTHER RESOLVED that the Mayor and the Admin-
istrative Services Director are hereby authorized to establish
such accounts upon such terms and conditions as may be agreed
upon from said financial institutions and that the First Trust
Bank be established as the generaT demand account from which
funds may be withdrawn on demands or drafts on the organization
signed by appropriate persons so authorized.
BE IT FURTHER RESOLVED that the First Trust Bank is
hereby authorized to honor and pay all demand and drafts
signed as provided in proper signature cards with two signatures
required for drafts.in excess of $5,000, including those drawn
or endorsed to the individual order of any officer or person
authorized to sign same.
PASSED, APPROVED AND ADOPTED this 26th day of April ,
1988, on the following roll call vote:
AYES: COUPJCILf1Ef16ERS: BUCK, DOMINCUEZ, STP,RKEY, l+!ASHBURN,
6JINKLER
NOES: COUNCILPIEPIBERS: fdONE
ABSENT: COUNCILPIEP1BERS: NONE
ABSTENTIONS: COUNCILf~1E616ERS: fJONE
JI WINKLER, MAYO
CITY OF LAKE ELSINORE
T?ESi;
I__ . ,
VICK1 ~~NN ,SA , CITY CL RK
CITY OF LAKE ELSINORE
APPROUED AS TO FORM:
~_.~V~'VYV
JOHN HARPE , CI Y ATTORNEY
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, Vicki Lynne Kasad, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the
City Council of the City of Lake Elsinore at a regular meeting of said
Council on the 26th day of April, 1988, and that it was so adopted by
the following vote:
AYES: COUNCILMEMBERS: BUCK, DOMINGUEZ, STARKEY, WASHBURN
WINKLER
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
~
VICKI LYNNE KASAD, CITY LERK
CITY OF LA.KE'ELSINORE
(SEAL)
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) SS:
CITY OF LAKE ELSINORE )
I, Vicki Lynne Kasad, City Clerk of the City of Lake Elsinore,
DO HEREBY CERTIFY that the above and foregoing is a full, true and
correct copy of Resolution No. 88-15, of said Council, and that
the same has not been amended or repealed.
DATED: Apri:1. 27, 1988
: ',
VICKI LYNN KA , CITY LERK
CITY OF LA ELSINORE
(SEAL)