The URL can be used to link to this page

Home My Public Portal AboutResolution No. 010-83 07-05-1983 ,509 6912 "509 7217 '"509 7324 509 7373 ''509 7829 ~ 509 7910696 2468290 6960244330 • 509 7688 v5o9 7795 Resolutions of Corporate Board 10-83 12-g3 Pauline Kerrlpe Seams ~ I. w • City of Richland Hills . corpontian duly organized and existing ender the laws of the Snte of TeXaS and doing businm in Rlehland Hills Tezu, do hereby certify that I am kttpu of the records and minnra ~ the procerdiags of the Bond of Directors of said Cozpontioa, and chu on the 5t-h d,y of s_7i1~-~ 19~-, there wu daly and legally held a meeting of said Board of Directors, at which a quorum of the Directors wu ptesrnt and acing throughout, and at said mertiag the following resoluziotss were unanimously adopted: RESOLVED, Thar NORTHEAST NATIONAL BANK, Fort Worth, herciaafret called "Battle", is busby designated u a deposiwry of this Corponrioa and that as accoant or accounts shall be esnblished is behalf of this Cotponrioa with Back nndc the sale of the undo and subject to the tales and rcgulariotss u from time m time prescribed by Bank wherrin may be deposited any of the fends of chu Corponrion whether rrpreseated by cash, checks. n of other evidences of debt and from which withdrawah are hereby aathotized in the name of the mrponoon, by y the following: v of nwrwtr Fsgwiredl / ~ i~ r i / avid L. Ragan Mayor is H. Woodard -City Administrator l~rES `I'URT~RtIt!'iOLV that ftTy"Y~f ~h~ •itldveti~ parties shalf~Zr'liu"'tT~rizZrd ~oihl~ivtdually sign fo7in~reYeiG~Th~ 3'1gTl~enn and dntt]led vouchers of this corporation, or to appoint in writing, agents to sign for cad receive such documents, and nay of tht above-named parries are hereby funkier authorized to crop paymeau against checks of this corporation and to bind the mrpontion [hereto. Endorsemeno for deposit may be by wrinrn or stamped rndoncmrnt of the Corporation without designation of the parry making the endorsement. FURTHER RESOLVED Thu any ~E of o airsg: (Numb„ o/ rignwrr/rit ragrread) ~ / ~ Gr~L ° Pauline Kelllpe City Secretary Dennis Woodard City Administrator Bea-i~r-i ~~-~i~-s ee~~-- may from time rot e,bormw money to ch axme of c e r oration from the Bank and Rive the Corporation's notes or other evidences of indebted- ness therefor, in such amounts and for such rime and errs of interest u may be designated on said noses of other evidences of indebcednas or u may be the Bank's custom, cad an}• of acid persons may secure the payment of nay or all indebtedness and obligations of the Corporation to Bank by the eze- tvtion and delivery for and on behalf oI tlse Cotponrion of dttds of trtut, usigrunena, thane! mortgages, separate collateral agtttmena, pledge agrtt- mena, loan agreements, and orhrt security aRrcemeno, u well u any other agreement that may be required by the Bank, whether similu to any of chose rnumerated or not, which said agreements or instrumrnts may, among other thinci, pledge, encumber, convoy, of cover any or all properties of the Corponrirso, including bills, notes, accounts rtte•ivable, stocks, bonds, rnl esrue cad personal property, u well as any other property cad assets of the Corporation, whether similar ro those enumeramd or not, and she notes, bills, accounts, certificates of deposit, and ocher receivables and inswments owned by said Corporation may br transferred to said Bank for rediscount or for purchue or for rnllection on me endorsement of any of said persons; and any of said persons shall hate authority ro waive demand, protest, and notice of protest or dishonor of any check, note, bill, draft, or ocher insnument made, drawn, of endorsed by chi; Corporation. FURTHER RESOLVED, That Bank is hereby authorized to honor any .and all withdrawals of the Corporation's funds payable to the officer or agen[ signing, of covnrcrsigning she same, or payable to Bank, whether wch withdrawals are presented for cash or for credit m the personal account of such officer or agent or the person pteseneing the same, and Dank need make no inquiry concerning any such item. FURT}IL•R RESOLVED, That the Sccrnary or any Assistant Secraary shall certify co Bank the names of the,ptesenrly duly elected and qualifying officers of this Corpnruinn u well u the persons authorized hereunder, and shall from time to time herr.Jeer, as changes in she personnel of said officers or the persons authorized hereunder are made, immedia:cly «rtifp is writing such changes ro Bank, and Bank shall be fully protected is relying oo such wrinen certifications of thr Secrete}• and dull he iademnSied and raved humless from any claims, drmands, ezpenses, losses, or damages resulting from or growing our of honoring the signature of any persons so certified or refusing w honor any signature not so certified. FURTHER RESOLVED, The said authorir• herein conferred than remain in force uneil w•rinen notice of revocation thermf shall be received by said Baal: or a new rnolucion suparscding th rtse one. FUR HEIt RISOLVED, Thar then rrsoluti ns and the authority huein granted shall pus and inure to any successor or to the assigns of Bank. 1 f ther certify dnt the toll g tie a names and the we and offi •gaattues of [he prase[ officers of this rponei and the persons ¦u ed sign for and on !f this rporation in the foregoitsg raol tu. 2 ~~i ~ rarident citrate Secrawy g Mayor Dennis Woodard City Adlnulistrator Vice Pruid~nJ Attirfant Trearnrer fiver A. Pettit Mayor PJI' er.irar, • csEAL> Pauline Kerlwe City Seci~..rvr„ IN Cc'IT2~E5S C~ HEREOF, I have hereunto stt my hand as Secretary of ai Corpora~ion,pa~nd have arsschcd hereto the official seal of said Corpo- ration, this 5th ~~y of July 19~ FORM aA SIC/Illry