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HomeMy Public PortalAboutRES-CC-2019-35RESOLUTION #35-20I9 A RESOLUTION DESIGNATING DEPOSITORIES FOR MOAB CITY FUNDS Zion's First National Bank Wells Fargo Bank Utah Public Treasurer's 330 South Main 4 North Main Street Investment Fund Moab, Utah 84532 Moab, Utah 84532 E315 State Capitol S.L.C., Utah 84114. WHEREAS, at a Regular Meeting of the Moab City Council of the City of Moab, held on the 1 lth day of June, 2019, at which a quorum was present, the following officers were duly appointed for the ensuing year and until their successors shall be appointed and shall have qualified; to have signature authority for Moab City Corporation at the above mentioned financial institutions which hold city (public) funds: Treasurer, Chantel Lindsay Billing Clerk, Marcy Mason Recorder, Sommar Johnson Deputy Recorder, Kerri Kirk City Manager, Joel Linares NOW THEREFORE, BE IT RESOLVED, that under the rules of the City of Moab, any funds deposited to its credit with Zion's First National Bank of Moab, Wells Fargo Bank of Moab or Utah Public Treasurer's Investment Fund (PTIF) may be withdrawn by the combined signatures of one (1) of the Recorder or Deputy Recorder and any one (1) Treasurer or Billing Clerk who are authorized to endorse and sign checks, drafts, and orders for payment of money in accordance with signature cards accompanying this authorization. In the absence of either both the Recorder and Deputy Recorder or both the Treasurer or Billing Clerk, the above mentioned City Manager shall be authorized to endorse and sign checks, drafts, and order for payment of money in accordance with signature cards accompanying this authorization by the combined signatures of one (1) Recorder or Deputy Recorder or (1) Treasurer or Billing Clerk and one (1) City Manager. BE IT FURTHER RESOLVED, that as required by the Office of the State Treasurer of Utah, the attached public entity resolution (attachment A) is also adopted by this Resolution of the Governing Body of the City of Moab to certify authorized users for the City of Moab's PTIF Accounts. PASSED, ADOPTED, APPROVED AND EFFECTIVE this 1 Ith day of June 2019 in open Council at Moab, Utah. Emily S. Niehaus Mayor Attest: Sommar Johnson City Recorder