HomeMy WebLinkAboutItem 16 - Bank of the WestMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
.• • RUMBELOW, CITY MANAGER
MEETING DATE: APRIL 21, 2015
SUBJECT: RESOLUTION AUTHORIZING PERSONS NAMED BELOW
TO SIGN ON ALL ACCOUNTS AND TRANSACTIONS WITH
BANK OF THE WEST
City Council to consider a resolution authorizing signatures for all banking transactions
with Bank of the West. The names for the City of Grapevine, Texas to be authorized
are:
William D. Tate, Mayor
Bruno Rumbelow, City Manager
Greg Jordan, Chief Financial Officer
Karen L. Walker, Managing Director of Financial Services
Chapter 105 (Sub Chapter B 105.011) of the Texas Local Government Code authorizes
municipalities to establish depositories for banking services.
These individuals are hereby authorized and empowered to sign in banking transactions
with Bank of the West until Bank of the West has received notice in writing that this
authority, as to any or all individuals, has been revoked.
Staff recommends approval.
4/6/2015 (3:48:32 PM)
RESOLUTION NO. 13"k OF--nf?--
we-ST
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, AUTHORIZING PERSONS NAMED
BELOW TO SIGN ON ALL ACCOUNTS AND
TRANSACTIONS WITH BANK OF THE WEST AND
PROVIDING AN EFFECTIVE DATE
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF GRAPEVINE, TEXAS:
Section 1. That the persons named below are those persons who are hereby
authorized and empowered for and in the name and on the behalf of the City of
Grapevine, which is not in contravention of the City Charter, to sign in banking
transactions with Bank of the West until said Bank of the West has received notice in
writing that this authority, as to any or all of the persons whose names appear below,
has been revoked.
Section 2. That the City Council hereby authorizes William D. Tate, Mayor;
Bruno Rumbelow, City Manager; Greg Jordan, Chief Financial Officer; and Karen L.
Walker, Managing Director of Financial Services on all accounts with Bank of the West.
William D. Tate, Mayor
Bruno Rumbelow, City Manager
Greg Jordan, Chief Financial Officer
Karen L. Walker, Managing Director of
Financial Services
Signature
Signature
Signature
Signature
Section 3. That this resolution shall take effect from and after the date of its
passage.
PASSED AND APPROVED BY THE CITY COUNCIL O •
F THE CITY
GRAPEVINE, TEXAS on this the 21st day of April, 2015.
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