HomeMy WebLinkAboutResolution_07-95/96_11/09/1995 i
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RESOLUTION NO. 7 -95/96
A RESOLUTION OF THE VILLAGE COUNCIL
OF THE VILLAGE OF TEQUESTA, PALM
BEACH COUNTY, FLORIDA, DESIGNATING
THE OFFICIAL DEPOSITORIES FOR
i 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 a
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
the financial management and safe - keeping of Village
funds at qualified Public Depositories listed in Section y
1 of this Resolution. r
THE FOREGOING RESOLUTION was offered by
Councilmember Elizabeth A. Schauer , who moved
its adoption. The Ordinance was seconded by
Councilmember Carl C. Hansen 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
Elizabeth A. Schauer
The Mayor thereupon declared the Ordinance duly passed
and adopted this 9 th day of November
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MAYOR OF TEQUESTA
ATTEST:
Ron T. Mackail
Joann Man niello
Village Clerk