HomeMy WebLinkAboutCity Council Resolution 2307 RESOLUTION NO. 2307
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
CONCERNING THE USE OF FACSIMILE SIGNATURES FOR ORDERS FOR THE
PAYMENT OF MONEY THRO~ WEI.I .q FARGO BANK
NOW, THEREFORE, BE IT RESOLVED, that Wells Fargo Bank as a designated
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 payroll 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:
HARRY R. PEACOCK
PATRICIA SIt{IVER
and Wells Fargo 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 Wells Fargo 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 Wells Fargo 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 fifth day of February,
1986, by the following vote:
AYES: Counci~rs Callon, Fanelli, Hlava, Nkyyles and Mayor Clevenger
NOES: None
ABSENT: None
ATTEST: ' Ma"yo? ~
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 fifth day of February, 1986, at which a quorum was
present and acting throughout, the above resolution was adopted and is
now in full force and effect.
Deputy City Clerk