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HomeMy Public PortalAboutResolution 2020-68, Staff To Make Credit Card ChangesRESOLUTION 2020-68 A RESOLUTION TO AUTHORIZE STAFF TO MAKE CHANGES TO THE CITY'S CREDIT CARD ACCOUNTS AND TO AUTHORIZE NEW SIGNERS TO THOSE ACCOUNTS WHEREAS, The City of Riverdale, Iowa ("City") is a Municipal Corporation, organized and operating under the laws of the State of Iowa, and; WHEREAS, the City has used VISA credit cards issued by TCM Bank, N.A., since at least January of 2018 and that those authorized to make changes to the account - including the disputation of charges incurred - have since left employment with the City resulting in the inability to make changes or dispute charges made on the account by current City Staff, and; WHEREAS, the Council desires greater flexibility for City Staff to proactively manage the City's finances and responsibly address questionable charges made to its credit cards, and; WHEREAS, TCM Bank, N.A. requires official action by the Council to authorize City Staff to address these issues (and others) with the institution and make the requisite changes to the City's credit card accounts. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RIVERDALE, IOWA, Section 1. That the City Council of Riverdale, Iowa and the duly -elected Mayor, Michael Bowden, certify that by approving and adopting this resolution, the following is true and a correct copy as they appear in the official, recorded minutes of The City of Riverdale, Iowa; Section 2. that this corporation apply for and obtain VISA accounts; Section 3. that each account obtained be issued one VISA card embossed with the name of a designated corporate officer or employee that sales drafts, and other instruments for charges, be signed by the designated officer or employee shall be valid and binding upon this corporation; Section 4. that any of the following officers of this corporation are empowered to authorize the TCM Bank, N.A. to issue VISA cards to other designated officers and employees: Kent Royster City Admininstrator Katie Enloe Deputy City Clerk George Miller Maintenance Floyd Bruns Fire Chief Resolution 2020-68 A Resolution to Authorize Staff to Make Changes to the City's Credit Card Accounts and to Authorize New Signers to Those Accounts Section 5. that a certified copy of forgoing resolutions made by this corporation under its corporate seal be sent to the TCM Bank, N.A., and that TCM Bank, N.A. may rely thereon until advised to the contrary in writing. Passed and approved this 25th day of August 2020. APPROVED ATTEST Michael Bawden, Mayor Katie Enlo , Deputy Clerk