HomeMy WebLinkAboutCity Council Resolution 2254 RESOLUTICN NO. 2254
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
CONCERNING THE USE OF FACSIMILE SIGNATURES FOR ORDERS FOR THE
PAYMENT OF MONEY THROUGH PACIFIC VALLEY BANK
NOW, THEREFORE, BE IT RESOLVED, that Pacific Valley Bank as a desig-
nated depositary of this corporation be and it (including its
correspondent banks) is hereby requested, authorized and directed to
honor all checks, drafts or other orders for the payment of money drawn
in this corporation's name on its checking and savings accounts
(including those drawn to the individual order of any person or persons
whose names appear thereon as signer or signers thereof) when bearing
or purporting to bear the facsimile signature(s) of both of the
following:
ROBERT S. SHOOK
CLEMENT O. FORD
and Pacific Valley Bank (including its correspondent banks) shall be
entitled to honor and to charge this corporation for all such checks,
drafts or other orders for the payment of money, regardless of by whom
or by what means the actual or purported facsimile signature or signa-
tures thereon may have been affixed thereto, if such facsimile signa-
ture or signatures resemble the facsimile specimens from time to time
filed with Pacific Valley Bank by the Secretary or other officer of
this corporation; and
BE IT FURTHER RESOLVED, that all previous authorizations for the
signing and honoring of checks, drafts or other orders for the payment
of money drawn on the said Pacific Valley Bank by this corporation are
hereby continued in full force and effect as amplified hereby.
The above and foregoing resolution was passed and adopted at a regular
meeting of the Saratoga City Council held on the third day of July,
1985, by the following vote:
AYES: Councilmembers~ll~, Clevenger, Hlava, Moyles and Mayor Fanelli
NOES: None
ATTEST:
Deputy City Clerk
I, Grace E. Cory, Deputy City Clerk of the City of Saratoga, a munici-
pal corporation organized and existing under the laws of the State of
California, do hereby certify that, at a meeting of the City Council
duly held on the third day of July, 1985, at which a quorum was present
and acting throughout, the above resolution was adopted and is now in
full force and effect.
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