2000-07-24 Regular Meeting - Laserfiche WebLink

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-e ./ - RESOLUTION NO. 2000-..1L A RESOLUTION TO AUTHORIZE THE DIRECTOR OF FINANCE TO EXECUTE A FUNDS TRANSFER AGREEMENT AND WIRE TRANSFER AUTHORIZATION FORM WITH BAYSHORE NATIONAL BANK; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. WHEREAS, I, Martha Gillett, Secretary for the City of La Porte, a Political Subdivision organized and existing under the laws of the State of Texas (the "Political Subdivision") hereby certify that at a meeting of the City Council for the City of La Porte duly called and held on July 24, 2000, at which a quorum was present and acting throughout, the following resolutions were adopted and are now in full force and effect. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. That the Director of Finance of the City of La Porte is authorized to execute on behalf of the City a Funds Transfer Agreement and Wire Transfer Authorization Forms with Bayshore National Bank in such form (including any amendments made thereto from time to time) as prescribed by Bayshore and to make, and from time to time change, by written notice delivered to Bayshore all required or appropriate designations therein of persons, including themselves, authorized to act on behalf of the City in the use of the funds transfer service under the terms and provisions of such agreement. Section 2. That this resolution shall remain in full force and effect and Bayshore may rely on same in acting thereon until written notice of its change or revocation has been duly given to and received by Bayshore. I further certify that the names of the officers of the City of La Porte or any other persons authorized to act under this resolution and their official signatures are as follows: Name' Cynthia B. Alexander Title Director of Finance