HomeMy Public PortalAboutr 21-004poolufiuu of the 190regh of Tar exe#, N 4
No. 21 -4
Date of Adoptio January 5, 20 21
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 5i day of January, 2021
and certified as a true copy of the
original on January 6, 2021,
CARMELA POGORZELSKI
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.B.
COUNCILMAN
NV
A.B.
BELLINO
X
JOHAL
DIAZ
X
KRUM
TYESNO
DIMASCIO
X
NAPLES
X - Indicate Vote An- Absent NV -Not Voting XOR- Indicates Vote to overrule eto
Adopted at a meeting of the Municipal Council
January 5, 202
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