HomeMy Public PortalAbout1999-22 Designating Colonial Bank as a depository of the village for one or more deposit accounts; and authorizing specified persons to execute checksRESOLUTION 99-22
A RESOLUTION OF THE VILLAGE OF KEY
BISCAYNE, FLORIDA; , DESIGNATING
COLONIAL BANK AS A DEPOSITORY OF
THE VILLAGE FOR ONE OR MORE DEPOSIT
ACCOUNTS; AND AUTHORIZING SPECIFIED
PERSONS TO EXECUTE CHECKS;
PROVIDING FOR AN EFFECTIVE DATE.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF KEY
BISCAYNE AS FOLLOWS:
Section 1. That the name of Colonial Bank be substituted in place of Jefferson National
Bank, currently on file.
Section 2. That the Village Clerk is hereby authorized to execute checks on behalf of the
village in an amount not to exceed $10,000.00 per check.
Section 3. That the Village Clerk, together with the Mayor, the Vice Mayor, or any other
Councilmember are hereby authorized to execute checks on behalf of the Village without limitation
on the amount of said check.
Section 4. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this 20th day of April, 1999.
la/Ai°
MAYOR JOE I. RASCO
HITA H. ALVAREZ, CMC, VILLAGE CLERK
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
RICARD JAY WEISS, VILLAGE ATTORNEY