HomeMy Public PortalAboutRES 81/06Re ;elution 81-6
TOWN OF GUL STREAM _ OPERATING ACCOUNT
Corporate Resoiurton
I certity that at a meeting of the fiD[X4(XX0[i)0X00XXX Town Commissioners TowLttt_: q .5d1 �1rIe
a Florida
corporation, duly
held on stay 8 �______ _. , 19 8.1.., the following resolutions were adopted, that the resolutions have been entered upon the regular
minute book of this corporation, are in accordance with the By -Laws, have not been modified or amended, and are now in full force and
affect.
Resolved:
1. That Barnett Bank., --
Florida ( "Bank ") is hereby designated as a depository of this corporation subject to the rules and
regulations set forth in the signature cards of Bank, and any amendments thereto, and that the officers of this corporation or any
of them are hereby authorized to open a bank account or accounts with Bank, for and in the name of this corporation, and to
deposit with Bank in the account from time to time any and all checks, notes, drafts, bills of exchange, monies, acceptances,
orders and other items of any kind
2. That the
are hereby authorized to sign (either by actual or facsimile signature) any and all checks, drafts, notes, acceptances, bills of
exchange, orders or other instruments for the withdrawal of any and all monies, credits, items and property at any time held by
the Bank for account of this corporation. Bank shall be entitled to honor, and shall not be liable to this corporation for the pay-
ment of, all instruments bearing the purported facsimile signatures of officers or agents of this corporation authorized in this res-
olution, even though the facsimile signatures are actually affixed without authority.
3. That Bank is hereby authorized to pay or cash any instruments payable to or held by this corporation when endorsed as pro-
vided herein, and also to receive the same for credit to the account of or in payment from the payee or any other holder (includ-
ing any officer of this corporation), without inquiry as to the circumstances of issue or endorsement thereof, or the disposition of
the proceeds even if drawn, endorsed or payable to cash, bearer or to the individual order of any signing officer or tendered in
payment of his individual obligation.
4. That the of this corporation are hereby
authorized to borrow money and to obtain credit for this corporation from Bank on such terms as may seem to them advisable,
and to make and deliver notes, drafts, acceptances, agreements and any other obligations of this corporation therefor, in form
satisfactory to Bank, signed by Mayor . and as security there-
for to pledge, withdraw, exchange and substitute any property of this corporation with full authority to endorse or guarantee the
same in the name of the corporation, to execute and deliver all instruments and assignments, and to affix the corporate seal,
and also to discount any bills receivable or paper of any kind (negotiable or otherwise) with full authority to endorse same in the
name of this corporation.
5. That endorsements on behalf of this corporation upon any and all commercial paper of any kind deposited by or on behalf of
this corporation with Bank for credit or for collection or otherwise may be made by any one of the foregoing officers, or by
rubber stamp.
.6. That all prior authorizations in conflict herewith are hereby revoked except as to acts performed prior to the effective date
hereof.
7. That all the foregoing authorizations shall continue in full force and effect until revoked or modified by written notice actually
received by Bank, setting forth a resolution to that effect stated to have been adopted by the Board of Directors of this corpora-
tion and signed by the secretary or assistant secretary of this corporation; and Bank is hereby authorized and directed to at all
times rely upon the last notice received by it of any resolutions to the foregoing authorities and as to the persons who from time
to time are its officers, and their signatures, when such notice is signed by one purporting to be the secretary or assistant sec-
retary of this corporation.
I further certify that the foregoing resolutions are fully in accord with and pursuant to the By -Laws of this corporation.
I turther certtty that the following persons, whose gerwine signatures appear below, are officers of this corporation in the capacity
set opposite their respective signatures, to -wit:
Name Official Signature
Tawn�Mgr. William E. Gwynn
71C mmissioner, Joel Hunter
Mayor, William F. Koch, Jr
-xux
Vice Mayor, Joan S. LaPorte
Commissioner, Robert J. Dixson
Commissioner, Alan I. Armour — —
In witness whereof, I have hereunto subscribed my name and affixed the Corporate seal, this 8th _._day of
May 19 81
Seal of Corporation
1
7Xaor \ `
Town Clerk
32- 008729 Rev Mar 78