HomeMy WebLinkAboutDocumentation_Miscellaneous_Tab 6_10/26/1995 Village of r
OCT 1 7
Village Mana
MEMORANDUM
TO: Thomas G. Bradford, Vill3genager
FROM: Bill Kascavelis, Director of Fina
DATE: October 12, 1995
SUBJECT: Draft of Resolution Designating Depositories
For Deposit of Village Funds
Attached is a draft of a Resolution establishing authorized depositories for the
deposit of Village funds.
Respectfully submitted.
BCK/mk
Attach.
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RESOLUTION NO.
A RESOLUTION OF THE VILLAGE COUNCIL
OF THE VILLAGE OF TEQUESTA, PALM
BEACH COUNTY, FLORIDA, DESIGNATING
THE OFFICIAL DEPOSITORIES FOR
VILLAGE FUNDS
WHEREAS, the Village Council of the Village of Tequesta
deems it necessary and desirable to designate official
depositories for Village funds;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
THE VILLAGE OF TEQUESTA, PALM BEACH, COUNTY, FLORIDA, AS
FOLLOWS:
SECTION 1. The following named banks, savings and loan
associations and governmental agencies are hereby
designated as qualified Public Depositories for the
deposit of funds of the Village of Tequesta.
1 . Barnett Banks of Palm Beach County
2 . Bank Atlantic, Fort Lauderdale
3 . Fidelity Federal Savings Bank of Florida
4 . First United Bank
5 . Nations Bank of Florida, N.A.
6 . Savings of America
7 . Sun Trust Bank South Florida, N.A.
8 . Community Savings
9 . Wilmington Trust of Florida, N.A.
10 . State Board of Administration
SECTION 2 . "Qualified Public Depository" means any bank
or savings association organized and existing under the
laws of this state and any bank or savings association
organized under the laws of the United States that has
its principal place of business in this state or has a
branch office which is authorized under the laws of the
state or the United States to receive deposits in this
state, that meets all of the requirements of Chapter 280,
Florida Statutes and has been designated by the Treasurer
of this state as a qualified public depository.
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SECTION 3 . The Director of Finance, with the approval of
the Village Manager, is authorized to establish demand
deposit accounts, time deposit accounts and certificates
of deposit accounts deemed necessary and appropriate for
1 the financial management and safe-keeping of Village
funds at qualified Public Depositories listed in Section
1 of this Resolution.
THE FOREGOING RESOLUTION WAS OFFERED BY
Councilmember , who
moved its adoption. The motion was seconded by
Councilmember
and upon being put to a vote, the vote was as follows :
FOR ADOPTION AGAINST ADOPTION
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The Mayor thereupon declared the Resolution duly passed
and adopted this day of October, A.D. , 1995
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MAYOR OF TEQUESTA
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Ron T. Mackail
jl ATTEST:
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Joann Manganiello
Village Clerk