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R131 O F1CML cz -,; SECRETARY'S Cif;; = r RESOLUTION NO. 131 A RESOLUTION TO AWARD THE BANK DEPOSITORY CONTRACT TO BANK ONE TEXAS FOR THE PERIOD BEGINNING AUGUST 1, 2001 AND ENDING JULY 31, 2004. WHEREAS, The City Council is authorized to receive sealed proposals for the custody of the City funds from any banking corporation maintaining a place of business within the state and offers within the state the services required by the depository service contract. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS: -� Section 1. That the City of Kennedale hereby designated Bank One Texas, to serve as Depository Bank for the period beginning August 1, 2001 and ending July 31, 2004, with the conditions as bid by Bank One Texas. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE ON THE 14 DAY OF JUNE, 2001. %%%% 1111tlia %%%% ) - KE,,,0 Mark Wright, M a no r V �'••�: City of Kennedale, Texas 1s ,i' T otri , ;,. - P 'A ' •' Date: 4.10 • /1. Zoo/ A�•f' ,V1) Kathy Turner, City Secretary City of Kennedale, Texas ; NK ONE Banking Resolutions Organization CITY OF KENNEDALE State of Organization: TEXAS Name: Type of Organization: ® Corporation ❑ Limited Liability Company ❑ Partnership ❑ Association ❑ Sole Proprietorship ❑ Taxpayer Identification 7 5 - 6 0 0 3 0 7 0 Number: The undersigned certifies that: I am an official of, and authorized to certify on behalf of the above named organization, which is duly organized and existing under the laws of the state indicated, ( "Organization "); in connection with the use of the above name, the Organization has complied with the statute of any jurisdiction whose law may apply, covering the use of an assumed business name; the following is a complete, true and correct copy of certain resolutions of the Organization, which resolutions were duly adopted and are in conformity with the laws of the state where organized and the organizational documents ( "Resolutions "); and the Resolutions have not been rescinded or modified and are in full force and effect on the date hereof: Resolutions 1. Designation of Depository; Deposits. Any bank subsidiary of Bank One Corporation (each a "Bank ") is designated a depository in which funds of the Organization may be deposited electronically or by checks, drafts, items, instruments, notes, bills of exchange and orders for the payment of money, with or without indorsement, including those payable to the Organization in any trade name or style used by the Organization. 2. Treasury Management Services. Any one ] of the officers, members, managers, partners, trustees, [If Authorized Persons must act jointly, line out one and insert `two "; otherwise leave blank] owners, agents and employees, as applicable, of the Organization and the other persons designated by the Organization (each an "Authorized Person ") is authorized to do any or all of the following on behalf of the Organization: (a) Banking Services. Open accounts, manually sign checks and utilize any other treasury management services including, without limitation, electronic, investment, loan sweep and financial advisory services and to authorize and direct Bank in writing to honor checks bearing or purporting to bear the facsimile signature(s) made by using any name (including, without limitation, a trade or assumed name), word, mark or symbol (whether made with or generated by signature plate, any similar device, computer or machine), including those payable to the individual order of any person whose name appears as signer thereon, regardless by whom or by what means the actual or purported facsimile signature(s) may have been affixed to the checks. The Bank is indemnified and held harmless by the Organization against any forgery, or unauthorized use or misuse of facsimile signatures, or the facsimile signing devices, the protection and security of such device being the sole responsibility of the Organization. (b) Agreements. Execute and deliver agreements, documents and instruments (and amendments or waivers thereto or terminations thereof); and take, or refrain from taking, action to carry into effect these Resolutions and the transactions contemplated by them upon such terms and conditions as such Authorized Person(s) deem(s) advisable as evidenced by such execution, delivery, action or non - action. The Organization hereby accepts and agrees to be bound by the terms and conditions of any agreements and service terms applicable to any services of the Bank that the Organization uses. (c) Delegation of Authority. Delegate, or amend or revoke such delegation, in writing, at any time and from time to time, any of the authority referred to in these Resolutions to one or more other persons acting as specified in the delegation. The Organization agrees to be bound by any action taken by, or non - action of, such persons. 3. Revocation or Modification of Resolutions. These Resolutions and any delegation made pursuant to them shall continue in full force and effect until express written notice of its revocation or modification has been received by Bank and Bank has had a reasonable opportunity to act upon such notice. However, if the authority contained in these Resolutions or any delegation is revoked or terminated by operation of law without such notice, it is resolved and agreed, for the purpose of inducing Bank to act under these ResRlptiati.s and any delegation, that the Organization shall indemnify and hold Bank harmless from any loss suffered or Bank in so acting after such revocation or termination without such notice. 0 ,• ....... • In Witness Whereof, I have he_rrtmio sub ' • - • mp me and affixed the Organization's seal, if applicable 13th day of this * February , 2004 . ; 4 4 r • • / . 1 . x' ••. 1 • ` \\ `. I r11111‘111{1 (Si e) e� (Signs i∎■■ Name: KATHY TURNER Name: DAVID MILLER Title: CITY SECRETARY Title: CITY MANAGER In addition to this document, please provide the Bank with your certificate of incumbency containing specimen signatures of Authorized Persons authorized to sign on behalf of your Organization.