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HomeMy WebLinkAboutResolution_06-96/97_02/06/1996 i RESOLUTION NO.6 —96,97 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AUTHORIZING FIRST UNITED BANK TO ACCEPT THE FACSIMILE SIGNATURE OF THE VILLAGE MANAGER AFFIXED TO ALL CHECKS, DRAFTS, NOTES, OR OTHER ORDERS FOR PAYMENT OF MONEY DRAWN UPON THE APPROPRIATE ACCOUNTS, ASSUMING COMPLETE AND TOTAL RESPONSIBILITY FOR ANY AND ALL PAYMENTS MADE BY THE FIRST UNITED BANK IN RELIANCE UPON THE FACSIMILE SIGNATURE; INDEMNIFYING AND HOLDING FIRST UNITED BANK HARMLESS FOR ANY COST, DAMAGE, LOSS OR EXPENSE THE FIRST UNITED BANK MAY INCUR OR SUFFER RESULTING FROM THE USE OR MISUSE OF THE FACSIMILE SIGNATURE; AUTHORIZING THE VILLAGE MANAGER OR HIS DESIGNEE TO DELIVER TO THE FIRST UNITED BANK SPECIMENS OF THE FACSIMILE SIGNATURE AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the Village Council has previously approved the First United Bank as a depository for the Village of Tequesta; and WHEREAS, the Village Council wishes to formalize a banking • relationship with First United Bank in order to accomodate its new business activities at 250 Tequesta Drive. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1. The foregoing recitals are hereby ratified and confirmed. Section 2. First United Bank is authorized and directed to pay upon proper presentation all checks, drafts, notes, or other orders for payment of money drawn on appropriate accounts with First United Bank bearing and purporting to bear the facsimile signatures of the Village Manager regardless of by whom or by what means the actual or purported facsimile signature thereon may have been affixed thereto. Section 3. The Village of Tequesta assumes complete and total responsibility for any and all payments made by First I United Bank, in reliance upon the actual or purported facsimile signatures of the Village Manager. Section 4. The Village of Tequesta agrees to indemnify and hold the First United Bank harmless for any cost, damage, • loss or expense the First United Bank may incur or suffer resulting from the use or misuse of the facsimile signature, including but not limited to: forged checks, drafts or other orders for payment of money signed by a facsimile signature device purporting to bear the signature of the Village Manager. Section 5. The Village Manager, or his designee, is authorized and directed to deliver to the First United Bank specimens of the facsimile signature of the Village Manager. • Section 6. This Resolution shall take effect upon its adoption by the Village Council. This Resolution will continue in full force and effect until written notice of the ratification thereof shall have been delivered to and received by the First United Bank at each location where an account is maintained. Any such notice shall not affect items in process at the time notice is given. THE FOREGOING RESOLUTION WAS OFFERED by Councilmember Hansen , who moved its adoption. The motion was seconded by Councilmember Meder , and upon being put to a vote, the vote was as follows: FOR ADOPTION AGAINST ADOPTION Joseph N. Capretta Carl C. Hansen Ron T. Mackail Michael R. Meder Elizabeth A. Schau • The Mayor thereupon declared the Resolution duly passed and adopted this 12th day of December, A.D., 1996. 4 MAYOR OF TEQUESTA Ron T. Mackail ATTEST: oann Manga iello Village Clerk wp60 \res \6 -96 FACSIMILE SIGNATURE RESOLUTION Agcount VILLAGE OF TEGUESTA Financial 1ST UNITED BANK Hold er: 250 TEGUESTA DRIVE Institution: OUR CUSTOMERS ARE OUR MOST IMPORTANT TEGUESTA, FL 33469 ASSET 940 NORTH FEDERAL HIGHWAY SOCA RATON, FL 33432 IN CONSIDERATION OF the existing or proposed banking relationship between VILLAGE OF TEQUESTA, hereinafter referred to as the Corporation, pnd 1ST UNITED BANK, herein_ag t i;pferrred t s theFiinaa I; the undersigneo� ti of the eVporaWn =L a ve, HEREBY CERTIFY that the Corporation is organized and existing under and by Virtue of the laws of the state of Florida as a - cy - RTT thjtht i � o l 260 TEGUESTA DRIVE, TEOUESTA, FL 33469. ( FURTHER CERTIFY that at a meeting of the BjWd o Directors of the C L orpofali or by Differ duly authorized corporate action in lieu of a meeting, duly and regularly called and helri ar 7.l /L 19%, at which a quorum was present and voting, the following resolutions were adopted: SUMED BUSINESS NAMEng the narit of the Corporation, the following is a complete list of all assumed business names under which h Corporation does business: RESOLVED, that the Financial Institution named above at any one or more of its offices or branches, be and it hereby is designated as Financial j Institution of and depository for the funds of this Corporation. FURTHER RESOLVED, the Financial Institution is authorized and directed to pay upon proper presentation, all checks, drafts, notes, or other orders f olf - t yment of money drawn on -BUS CHECKING Number 1055420, bearinn ^ ^ urporW to atnring: �bear the f}V signatures of any one (1) of the Tb�'j THOI�lAFS 10% BRADFORD, VILI,AIGE MANGER / /�G�r�u -;r ardless of by whom or by what means the actual or purported facsimile signature thereon may have been affix6d thereto. THER RESOLVED, that the Corporation assumes complete and total responsibility for any and all payments made by the Financial Institution, in I lance upon the actual or purported facsimile signatures of any of the individuals named above. The Corporation agrees to indemnity and hold the racial Institution harmless for any cost, damage, loss or expense the Financial Institution may Incur or suffer resulting from the use or misuse of the csimile signature, Including but not limited to: forged checks, drafts, or other orders for payment of money signed by a facsimile signatory device. THER RESOLVED, that the Secretary of the Corporation be and shall be authorized and directed to deliver to the Financial Institution specimens of It e facsimile signatures of the individuals named above. F RTHER RESOLVED, that these resolutions will continue in full force and effect until written notice of the revocation thereof shall have been delivered and received by the Financial Institution at each location where an account Is maintained. Any such notice shall not affect items In process at the 0i no notice is given. RTHER RE D, that the foregoing Resolutions now stand of record on the books of the Corporation; that they are in full force and effect and ve not been mo ified in any manner whatsoever. I TESTIMONY HEREOF, 1 have hereunto set my hand on �!'� 7 , 1996, and attest that the signatures set e the names listed above are their genuine signatures. i CERTIFIED TO AND ATTESTED BY: y . CORPORATE O "/ r. ' i� X - - CTE: In case the Secretary or other certifying officer Is designated by the foregoing resoNtlons as one of the signing officers, this certificate should also be signed by a second off icer or Director of the Capdraflon. F-Fwml Las., lip. U.S. P{,. { T.Y. a"- Vw. 2.0. w 11 QI PnSwmok K- AN AW- 11 --d. 1 L - LAW hPi L%L11b1 1 I I I l I CUSZOMM ODPY i j FACSIMILE SIGNATURE RESOLUTION AQcount VILLAGE OF TEGUESTA Financial 1ST UNITED BANK Holder 250 TEOUESTA DRIVE Institution OUR CUSTOMERS ARE OUR MOST IMPORTANT TEOUESTA,FL 33469 ASSET 980 NORTH FEDERAL HIGHWAY BOCA RATON, FL 33472 IN CONSIDERATION OF the existing or proposed banking relationship between VILLAGE OF TEOUESTA, hereinafter referred to as the Corporation, 'nd 1ST UNITED BANK, hereina� 1 s the !, the undersigned INrl" of tll�e pora on rYB�m a ovb e, �EBY CERTIFY that the Corporation is organized and existing under and by virlue of the laws of the state of Florida as a i ts pr- i al offs t 250 TEOUESTA DRIVE, TEOUESTA, FL 33469. ' CO1OIdL101� ~�6n FURTHER CERTIFY that at a meeting of the e,Ajd o Directors of the Corporatiorf or by other duly authorized corporate action in lieu of a meeting, duly and regularly called ano h 12 /Z 1996, al which a quorum was present and voting, the following resolutions were adopted: ASSUMED BUSINESS NAMES. cl ng the narife of the Corporation, the following is a complete list of all assumed business names under which (he Corporation does business: RESOLVED, that the Financial Institution named above at any one or more of its offices or branches, be and it hereby is designated as Financial Institution of and depository for the funds of this Corporation. FURTHER RESOLVED, the Financial Institution is authorized and directed to pay upon proper presentation, all checks, drafts, notes, or other orders f af — of money drawn on -BUS CHECKING Number 10554120, bearirm °-,# nuMorllg9 lo_bao& the faqsimile signatures of any one (1) of the II THOMAS 0* BRADFORD, VILLAGE MANAGEt %�- e� f � fiegardless of by whom or by what means the actual or purported facsimile signature thereon may have been affix6d thereto. FURTHER RESOLVED, that the Corporation assumes complete and total responsibility for any and all payments made by the Financial institution, in lipkanee upon the actual or purported facsimile signatures of any of the individuals named above. The Corporation agrees to indemnity and hold the financial Institution harmless for any cost, damage, loss or expense the Financial Institution may Incur or suffer resulting from the use or misuse of the facsimile signature, including but not limited to: forged checks, drafts, or other orders for payment of money signed by a facsimile signatory device. F JRTHER RESOLVED, that the Secretary of the Corporation be and shall be authorized and directed to deliver to the Financial Institution specimens of it e facsimile signatures of the individuals named above. F JRTHER RESOLVED, that these resolutions will continue in full force and effect until written notice of the revocation thereof shall have been delivered Ic and received by the Financial Institution at each location where an account is maintained. Any such notice shall not affect items in process at the Iii ne notice is given. F THER RESOLVED, that the foregoing Resolutions now stand of record on the books of the Corporation: that they are in full force and effect and h0ive not been modified in any manner whatsoever. IN TESTIMONY WHEREOF, 1 have hereunto set my hand on 1996, and attest that the signatures set posite the names Nsted above are their genuine signatures. CERTIFIED TO AND ATTESTED BY: I ' CORPORATE = _ X .N TE: In case the seerelary or other certifying officer Is designaled by the foregoing resolutions as one or the signing officers, this certificate should also be signed by a second oft car or Director of the Corporation. Prorwm Lo,or. Rae. U.S. P&I- f. TN. Orr, Ver. 2.00 el 1"S Crl F- S�4l. M. NI ROM, R—Ved FL - LACI RR LIV I61 CUSZ�Q%M COPY I