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HomeMy WebLinkAboutCity Council Resolutions (R-73-68)-05/15/1973 CITY OF COLLEYVILLE, TEXAS RESOLUTION #R-73-68 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Section I: That the First National Bank of Col1eyvi11e, Co11eyvi1le, Texas, be, and is hereby designated as the depository for the City and that funds so deposited may be withdrawn upon a check, draft, or order of the City. Section II: Be it further resolved that all checks, drafts or orders drawn against said account shall be signed by the manual signature, or a checksigning machine facsimile signature (by whom- soever affixed) or of any two of the following: John A. Andrews, Mayor Piers Chance, Mayor Pro-Tem M. Louise Ramey, City Secretary when such signature appears to correspond with a specimen of the manual signature or checJt-signing machine facsimile signature of such persons as certified to said Bank by the City Secretary. Section III: Be it further resolved that said Bank is here- by authorized and directed to ,honor and pay any checks, drafts, or orders so drawn, whether such checks, drafts or orders are payable to the order of any such person or persons signing and/or counter- signing the same in their individual capacities or not and whether such checlts, drafts or orders are deposited to the individual credit of the person or persons so signing and/or countersigning the same or to the individual credit of any of the other officers or employees of the City or not. Section IV: Be it further resolved that any two of the be- forennamed officers or employees of the City, or their successors in office, be and they hereby are authorized for, on behalf of, and in the name of the City of Co1leyvi1le to: negotiate and procure loans from The First National Banlt of Colleyvil1e up to an amount not exceeding $25,000.00 in the aggregate at anyone time outstanding; and to ex- ecute in such form as may be required by the Bank all notes and other evicencees of such loans and all instruments of pledge, aSSignment or lien. Section V: Be it further resolved that said banJr be and it is hereby authorized and directed to pay the proceeds of such loans as directed by the persons so authorized to sign. Section VI: Be it further resolved that this resolution shall oontinue in force and said banlr may consider the above persons authorized as herein stated, in their authorized signatures, whether manual or faosimi1e, or both, to be and continue as set forth in the certificate of the City Secretary accompanying a copy of this re- solution when delivered to said Bank, or any similar subsequent certificate until written notice to the contrary is duly served on said bank. Resolution #R-73-68 Page 2 I certify that I am the duly qualified Secretary of the City of Colleyville. and keeper of the records and seal of said City and that the above is a true and correct copy of a resolution adopted at a meeting of the C1ty Council of said City duly called and held in accordance with the laws of the state of Texas at the City Hall at 5201 Bransford Road, Colleyville. Texas. on the 15th day of May. 1973. In witness whereof, I have hereunto affixed by name as City Secretary and have caused the Seal of the City of Colleyville to be affixed hereto on this the 15th day of May, A.D., 1973. ~ 6 I hereby certify that I am the City Attorney for the City of Colleyville and that the foregoing is the correct copy of legal resolutions passed as therein set forth. and that the same are now in full force. RICHARD GOODNER, City Attorney