HomeMy WebLinkAboutRes2007-046
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Sponsored by: Oates
CITY OF SEWARD, ALASKA
RESOLUTION 2007-046
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AUTHORIZING SIGNATURES FOR ALL CITY BANK
ACCOUNTS AND RESCINDING ALL PREVIOUS RESOLUTIONS IN
CONFLICT HEREWITH
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, that:
Section 1. Any two of the following signatures shall appear on all checks, drafts, notes or
orders drawn against the City of Seward bank accounts maintained at the Seward Branch of Wells
Fargo or the Seward Branch of the First National Bank of Anchorage:
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Irsten Vesel, AssIstant CIty Manager
Kri~i: Direotm
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Jean~ewis, Ct9 erk
Section 2. Anyone of the above persons shall have access to and full power to remove the
contents of and to exchange or surrender the safe deposit boxes rented by the City of Seward located
at the Seward Branch of Wells Fargo under the terms of the City of Seward's banking services
agreement with Wells Fargo.
Section 3. Anyone of the above persons shall have authority to invest City monies with
financial institutions as prescribed by the Seward City Code Chapter 5.15, Investment and
Collateralization of Public Funds.
Section 4. All previously approved resolutions in conflict herewith arc hereby rescinded.
Section 5. This resolution shall take effect immediately upon its adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 14th
day of May, 2007.
CITY OF SEWARD, ALASKA
RESOLUTION 2007-046
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THE CITY OF SEWARD, ALASKA
AYES:
NOES:
ABSENT:
ABSTAIN:
Dunham, Val datta, Schafer, Thomas, Amberg, Shafer
None
Bardarson
None
ATTEST:
Jean ewis, CMC
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CIty lerk \1111',
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Council Agenda Statement
Meeting Date: May 14, 2007
From: Phillip Oates, City Manager
Agenda Item: Authorizing signatures for all city bank accounts and rescinding all previous resolutions in conflict
BACKGROUND & JUSTIFICATION
:
Procedurally, the city needs to add the new city manager’s signature for all city bank accounts and rescind all
previous resolutions in conflict
This will allow Phillip Oates access to, and full power to, remove the contents of and to exchange or surrender
the safe deposit boxes rented by the City of Seward located at the Seward Branch of Wells Fargo under the
terms of the City of Seward's banking services agreement with Wells Fargo.
This will also allow Phillip Oates tohave authority to invest City monies with financial institutions as
prescribed by the Seward City Code Chapter 5.15, Investment and Collateralization of Public Funds.
CONSISTENCY CHECKLIST
Where applicable, this resolution is consistent with the Seward City Code, Charter, Comprehensive Plans,
Land Use Plans, Strategic Plan and City Council Rules of Procedures.
FISCAL NOTE
Approved by Finance: ___________________________________
RECOMMENDATION
City Council authorizing signatures for all city bank accounts and rescinding all previous resolutions in
conflict.