HomeMy WebLinkAboutItem 11 - Northstar Bank Signature AuthorizationFROM: BRUNO RUMBELOW, -
MEETING DATE: JANUARY 21, 2014
SUBJECT: RESOLUTION AUTHORIZING PERSONS NAMED BELOW
TO SIGN ON ALL ACCOUNTS AND TRANSACTIONS WITH
NORTHSTAR BANK
RECOMMENDATION:
City Council to consider a Resolution authorizing persons' signatures for all banking
transactions with Northstar Bank.
BACKGROUND:
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 Northstar Bank until Northstar Bank has received notice in writing that this authority,
as to any or all individuals, has been revoked.
Staff recommends approval.
1/14/2014 (8:54:30 AM)
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, AUTHORIZING PERSONS NAMED
BELOW TO SIGN ON ALL ACCOUNTS AND
TRANSACTIONS WITH NORTHSTAR BANK 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 Northstar Bank until said Northstar Bank 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that this authority, as to any or all of the persons whose names appear below, has been
revoked.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; John F. McGrane, Administrative Services Director;
and Karen L. Walker, Controller on all accounts with Northstar Bank.
William D. Tate, Mayor
Bruno Rumbelow, City Manager
John F. McGrane, Administrative Services Director
Signature
Signature
Signature
Karen L. Walker, Controller
Signature
Section 3. That this resolution shall take effect from and after the date of its
passage.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 21st day of January, 2014.
ATTEST:
Wlaw
NAMIKel