HomeMy WebLinkAbout2002-40 - Authorizing City Official to Enter into Contracts with Union BankRESOLUTION NO. 2002-40
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH AUTHORIZING CITY
OFFICIALS TO ENTER INTO CONTRACTS WITH UNION BANK OF CALIFORNIA, N.A.
WHEREAS, the City Council approved a banking relationship with Union Bank of California,
N.A. on May 1, 2002; and
WHEREAS, It is necessary for appointed City officials to sign documents implementing the
Council's action; and
WHEREAS, the City Manager and the City Director of Finance are the appropriate City
officials to sign documents implementing the Union Bank of California, N.A. agreement.
NOW, THEREFORE, BE IT RESOLVED, that the officers now or subsequently holding the
positions of City Manager or Finance Director with the City of Ukiah are authorized by the City
Council under California Government Code 53649 to enter into any contract with Union Bank of
California, N.A. relating to any deposit which in his or her judgment is to the public advantage.
Contracting requirements could include:
Establish bank accounts and services.
Sign, or change in writing, agreements with Bank regarding City of Ukiah's bank deposit
relationship.
Specify in writing to the Bank the individuals who are authorized in the name of and on behalf
of the Public Entity to:
o Withdraw funds from any Public Entity's banking accounts on the Public Entity's
checks or orders.
o Endorse and deliver to the Bank, for any purposes, and in any amount, negotiable or
non-negotiable items of any kind, and owned by, or held by, or payable to the Public
Entity.
o Send, review, and/or authorize wire and electronic transfers of funds from the Public
Entity accounts. Such authority may be exercised by such authorized individual acting
alone, regardless of any multiple signature requirements otherwise applicable to the
accounts.
o Otherwise access the Public Entity's deposit accounts.
This Authority has been granted by the City Council and shall remain in effect until the Bank receives
written notice of revocation at the Office where the Public Entity's banking relationship is maintained.
PASSED AND ADOPTED this 19th day of June 2002, by the following roll call vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Councilmembers Larson, Smith, Libby, Baldwin, and Mayor Ashiku.
None.
None.
None.
ATTEST:
Marie Ulvila, City Clerk
Philip P[shikh;'~ayor