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HomeMy Public PortalAbout2023-058 Resolution Approving Revisions to Signatories to the City's Accounts at Quad City Bank & Trust180,, oN ERN? • )45 RESOLUTION 2023-058 Resolution Approving Revisions to Signatories to the City's Accounts at Quad City Bank & Trust WHEREAS, on July 11, 2023, Councilperson and Mayor Pro Tem Kevin Adams resigned his position, and on that same date, Council accepted said resignation; and, WHEREAS, on July 25, 2023, Councilperson Paul DCamp was duly appointed as Mayor Pro Tem via resolution 2023-057 Resolution Appointing Paul DCamp as Mayor Pro Tem; and, WHEREAS, Kevin Adams is reflected as a signatory on the City's checking account and certificate of deposit with Quad City Bank & Trust, and Paul DCamp is not; and, WHEREAS, Quad City Bank & Trust requires two authorized signatures on checks and other documents related to the City's accounts, and currently only two signatories on the accounts are employees of the City; and, WHEREAS, Council wishes to remove Kevin Adams as a signatory and add Paul DCamp as a signatory to the City's accounts at Quad City Bank & Trust. NOW THERE FOR IT BE RESOLVED that: Section 1. City Council authorizes and directs staff to coordinate the removal of Kevin Adams as a signatory on the City's accounts with Quad City Bank & Trust. Section 2. City Council authorizes and directs staff to coordinate the addition of Paul DCamp as a signatory on the City's accounts with Quad City Bank & Trust, with the authority to sign the required documents provided by the City's financial institutions to fulfill those responsibilities. Passed and approved this 25th day of July 2023. APPROVED: ATTEST: Anthony Heddlesteh, Mayor Kelly Krell, City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722 1 (563) 355-2511 1 www.riverdaleia.org