HomeMy Public PortalAboutr 19-004Yvesolutt o the �orough of Tar#erd, N. �4'
No. 19-4
Date of Adoption Jartttary 6 2019
DESIGNATING OFFICIAL DEPOSITORIES
OF THE BOROUGH OF CARTERET
BE IT AND IT IS HEREBY RESOLVED, by the Mayor and Council of the Borough of Carteret,
County of Middlesex, State of New Jersey, that the
MBIA- MUNICIPAL INVESTORS SERVICE CORP.
NEW JERSEY ABRITRAGE REBATE MANAGEMENT PROGRAM
STATE OF NEW JERSEY - CASH MANAGEMENT FUND
BANK OF AMERICA
WELLS FARGO BANK
CAPITAL ONE
INVESTOR'S BANK
VALLEY NATIONAL BANK
UNITY BANK
BANK OF NEW YORK
UNITED ROOSEVELT BANK
AMBOY NATIONAL BANK
TD BANK
MID STATE CREDIT UNION
ALLEGIANCE COMMUNITY BANK
BAYONNE COMMUNITY BANK
be and hereby are designated as the official depositories of the Borough of Carteret and
that checks for payment of money upon said official depositories, be signed on behalf of
the Borough of Carteret by the Mayor, Borough Treasurer and Municipal Clerk;
Furthermore, and /or his or her designee, the
Deputy Treasurer, are directed to provide quarterly reports and guidance on cash
accounts,
Certificates of Deposit and interest rates held at the above mentioned depositories.
BE IT FURTHER RESOLVED, that this resolution shall take effect immediately.
Adopted this 6th day of January, 2019 and
Certified as a true copy of the
Original on January 7, 2018.
KATHLEEN M. BARNEY, MMC
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.B.
COUNCILMAN
YES
NO I
NV
A.B.
HUD
X
JCRAL
X
DIAZ
X
KRLN
X
DJMASCL
X
NAR.FS
X
X - Indicate Vote AB - Absent NV - Not Voting
XOR - Indicates Vote to Overrule Veto
Adopted at a meeting of the Municipal Council
Jatu�y 6, 2019
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