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HomeMy Public PortalAboutRES-CC-2013-23RESOLUTION #23-2013 A RESOLUTION DESIGNATING DEPOSITORIES FOR MOAB CITY FUNDS Zion's First National Bank 330 South Main Moab, Utah 84532 Wells Fargo Bank 4 North Main Street Moab, Utah 84532 Mountain America Credit Union 1047 South Main St. Moab, Utah 84532 Utah Public Treasurer's Investment Fund E315 State Capitol S.L.C., Utah 84114 WHEREAS, at a Special Meeting of the Moab City Council of the City of Moab, held on the 2ist day of November, 2013, at which a quorum was present, the following officers were duly appointed for the ensuing year and until their successors shall be appointed and shall have qualified; to have signature authority for Moab City Corporation at the above mentioned financial institutions which hold city (public) funds: Recorder, Rachel Stenta Treasurer, Jennie Ross Deputy Recorder, Danielle Guerrero Deputy Recorder, Beth Joseph Deputy Treasurer, Chantel Lindsay City Councilmember Kyle Bailey NOW THEREFORE, BE IT RESOLVED, THAT under the rules of the City of Moab, any funds deposited to its credit with Zion's First National Bank of Moab, Wells Fargo Bank of Moab or Mountain America Credit Union may be withdrawn by the combined signatures of one (i) of the Recorder or Deputy Recorder and any one (i) Treasurer or Deputy Treasurer who are authorized to endorse and sign checks, drafts, and orders for payment of money in accordance with signature cards accompanying this authorization. In the absence of either both the Recorder and Deputy Recorder or both the Treasurer or Deputy Treasurer, the above mentioned City Councilmember shall be authorized to endorse and sign checks, drafts, and order for payment of money in accordance with signature cards accompanying this authorization by the combined signatures of one (i) Recorder or Deputy Recorder or (1) Treasurer or Deputy Treasurer and one (i) City Councilmember. PASSED, ADOPTED, APPROVED AND EFFECTIVE this lot" day of December, 2013 in open Council at Moab, Utah. Approved: Attest: Rachel E. Stenta City Recorder David L. Sakrison Mayor Resolution #23-2013 Page 1 of 1