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HomeMy WebLinkAboutResolution - 98-10 RESOLUTION NO.98-10 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO, CALIFORNIA AUTHORIZING SIGNERS FOR BANK ACCOUNTS AT THE BANK OF HEMET AND HOME SAVINGS IN SAN JACINTO WHEREAS, The City of San Jacinto will need to update its signature card with Bank of Hemet and Home Savings; and WHEREAS, The City has designated the Mayor, Vice Mayor, and the Interim City Manager as signers on bank accounts; and WHEREAS, Bank of Hemet and Home Savings requires the City to adopt a corporate resolution and authorization to designate authorized signers on bank accounts; THEREFORE, IT IS HEREBY RESOLVED that the following will be authorized signers on Bank of Hemet and Home Savings bank accounts: Mayor James Smedley Vice Mayor Debbie Cornett Interim City Manager Habib Motlagh APPROVED AND ADOPTED this 13th day of March, 1998. Ayes: Councilmembers Cornett, Good and Mayor Smedley Noes: None Abstain: None Absent: Councilmembers Conner and Williams C' Mayor ATTEST: Pamela L_ Lee, City Cleric City Clerk VOW [C:\.. .AGENDA98\031398.HO9] THE 5.+.NK OF HEMET City of San -Jacinto Account -NO(5). (Customer) FACSr\41LE SIGNATURE -IGREE, EE:Ia The Bank of Hemet and the Customer named above agree as follows: I. Bank may honor checks. drafts and other orders for the payment of money drawn on Customer's above-described accounts n t e a pear to bear the facsimile signature of any of the following persons: // Habib Motlagh Interim City Mama, Print Na,e Fa s i re Title dames L . Smedley Mayor Print Name �acsirriia .vri re Title Debbie Cornett Vice Mayor Print Name Facsimile Signature Title Bank may honue",;4ars; Customer for any orders for payment or funds transfer which are-eceived by facsimile (FAX) machine or telecopier cT similar means. J. Bank may honor and charge Customer for such items, regardless of by whom or by what means the actual or purported facsimile signature has been made, provided the facsimile signature resembles the signature or the facsimile specimen which Customer has fled with Bank. 4. Customer agrees to hold Bank harmless and indemnify Bank from and against any and all loss, cost or expense, including reasonable attorneys fees, resulting from acting upon any such authorization which the Bank reasonably believes to have come from the Customer. S. All previous authorizations for the signing and honoring of checks, drafts or other orders for the payment of money drawn on Bank by Customer are continued in full force and effect. 6 Bank may terminate this ageement at any time with or without cause or prior notice. Dated: 119 B Authorized Signature G � Title: