HomeMy WebLinkAboutResolution 2004-18 Bank of America
RESOLUTION NO. 2004-18
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
WINTER SPRINGS FLORIDA, AMENDING RESOLUTION 2004-01,
MAINTAINING DEPOSIT ACCOUNTS AND SERVICES WITH THE
BANK OF AMERICA; PROVIDING FORSEVERABILITY,REPEAL
OF PRIOR INCONSISTENT RESOLUTIONS, AND AN EFFECTIVE
DATE.
WHEREAS, the City Commission desires to authorize the City Manager to maintain
accounts with Bank of America and designate the City Manager, Finance Director, and Public
Works/Utility Director as authorized representatives to execute documentation required by Bank: of
America from time to time; and
WHEREAS, the City Commission of the City of Winter Springs deems that this Resolution
is in the best interests of the public health, safety, and welfare of the citizens of Winter Springs.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AS FOLLOWS:
Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and correct and
are hereby fully incorporated by this reference.
Section 2. Designation of Authorized Representatives. The City Commission hereby
designates Ronald W. McLemore, City Manager and Michelle L. Greco, Finance Director as the
authorized representatives of the City of Winter Springs, Florida. In the event of an emergency in
which either the City Manager or Finance Director are not available, Kipton Lockcuff, Public
W orlcslUtility Director, shall be a duly authorized representative during said emergency and
unavailability. The designated representatives are hereby authorized, on behalf of the City of Winter
Springs and in its name, to execute and to sign, together as dual signatories, any application, deposit
agreement, signature card and any other documentation required by the Bank of America, to open
said accounts, to withdraw funds from or transmit funds to any account of the Bank of America, to
establish funds transfer instructions, and to take any other action pursuant to any deposit agreements
approved by the City Manager. All authorization permitted by this Resolution shall require the dual
signature of the City Manager and Finance Director, and in the case of emergency and unavailability
as stated above, the Public WorkslUtility Director.
Section 3. Duration. This resolution shall remain in full force and effect and the authority
herein given to all of said persons shall remain irrevocable as far as the Bank: of America is
concerned until such time as the Bank: of America is notified in writing of the revocation of such
authority by the City Commission.
City of Winter Springs
Resolution 2004-18
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Section 4. Certification. The City Clerk is hereby authorized and directed to certify this
Resolution to the Bank of America.
Section 5. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of
resolutions in conflict herewith are hereby repealed to the extent of the conflict.
Section 6. Severability. If any section, subsection, sentence, clause, phrase, word, or portion
of this Resolution is for any reason held invalid or unconstitutional by any court of competent
jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such
holding shall not affect the validity of the remaining portion hereto.
Section 7. Effective Date. This Resolution shall become effective immediately upon adoption
by the City Commission of the City of Winter Springs, Florida.
RESOLVED by the City Commission of the City of Winter Springs, Florida, in a regular
meeting assembled on the 14th day of JUNE, 2004
JOHN E. BUSH, Mayor
ATTEST:
ANDREA LORENZO-LUACES, City Clerk
Approved as to legal form and sufficiency for
the City of Winter Springs only:
ANTHONY A. GARGANESE, City Attorney
City of Winter Springs
Resolution 2004-18
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