HomeMy WebLinkAboutRes2012-004 Sponsored by: Hunt
.., CITY OF SEWARD, ALASKA
RESOLUTION 2012 -004
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:
A le Jett.04
• es Hub , " M. age Kristin Erchinger, Fin ce Director
Ir.. Ron Lo g, Assistant Cit; Manager J hanna Kinney, City Clerk
Section 2. Any one 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. Any one 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 All previously approved resolutions in conflict herewith are hereby rescinded.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 9 day
of January, 2012.
CITY OF SEWARD, ALASKA
RESOLUTION 2012 -004
THE CITY OF SEWARD, ALASKA
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David Seawar s , +' ayor
AYES: Valdatta, Bardarson, Keil, Casagranda, Terry, Shafer, Seaward
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
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ohanna Kinney CMC 0.
City Clerk
(City Seal)
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Council Agenda Statement sf
Meeting Date: January 9, 2012
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Through: James Hunt, City Manager
From: Kristin Erchinger, Finance Director
Agenda Item: Authorization for Banking Signatures
BACKGROUND & JUSTIFICATION:
The Seward City Council is required to pass a resolution listing the individuals authorized to invest
monies and/or sign banking documents on behalf of the City of Seward. Each time the City
experiences turnover in the position of city manager, assistant city manager, city clerk, or finance
director, this authorization is updated with the new information, and forms the basis upon which
signature cards are updated at the local banking institutions. The purpose of this update is to replace
authorization for the former city manager and assistant city manager, with James Hunt, city manager,
and Ron Long, assistant city manager.
CONSISTENCY CHECKLIST
Where applicable, this agenda statement is consistent with the Seward City Code, Charter,
Comprehensive Plans, Land Use Plans, Strategic Plan and City Council Rules of Procedures.
Other:
ATTORNEY REVIEW Yes X No
FISCAL NOTE
This action has no fiscal impact on the City.
Approved by Finance: jetaZZ, Je. ��
RECOMMENDATION 4
Seward City Council approve Resolution 2012 - updating the authorized signatories to the City
of Seward's bank accounts and rescinding previous resolutions in conflict herewith.
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