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Resolution No. 2018-92 Establishing Authorized Users for TD Bank, N.A. Bank Accounts - November 13, 2018 RESOLUTION NO 2018-92 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AUTHORIZING AND DIRECTING THE CITY MANAGER TO ESTABLISH THE LIST OF AUTHORIZED USERS FOR ALL TD BANK, N.A. BANK ACCOUNTS AS SET FORTH ON CERTAIN BANK FORMS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission for the City of Aventura ("City"), previously authorized the use of TD Bank, N.A., for Banking Services; and WHEREAS, as a result of the recent addition of TD Bank, N.A.'s Banking Services, it is necessary to advise TD Bank, N.A., and complete certain bank forms to designate the appropriate City representatives who are authorized to have access to the City's accounts; and WHEREAS, the City Commission finds that it is in the best interests of the City to complete certain bank forms in order to designate the appropriate City representatives who will have authority to access the City's accounts and to maintain proper internal controls. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Resolution upon adoption hereof. Section 2. Checks issued from or withdrawals made from accounts maintained by the City in public depositories shall be signed by the City Manager and Finance Director. City of Aventura Resolution No. 2018-92 Section 3. The City Manager be, and the same is hereby authorized and directed to amend the list of authorized users for all TD Bank, N.A. accounts as set forth on certain bank forms. Section 4. The City Manager and Finance Director are authorized to establish accounts from time to time on behalf of the City at TD Bank, N.A., as well as to operate and close such accounts, and to designate persons to operate each such account including closing the account. Section 5. The City Manager is authorized to do all things necessary to carry out the aims of this Resolution. Section 6. This Resolution shall become effective November 14, 2018. The foregoing Resolution was offered by Commissioner Shelley, who moved its adoption. This motion was seconded by Commissioner Mezrahi, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Yes Commissioner Gladys Mezrahi Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Dr. Linda Marks Yes Mayor Enid Weisman Yes PASSED AND ADOPTED on this 13th day of November, 2018. Page 2 of 3 City of Aventura Resolution No. 2018-92 rLO(.1) AYOR ENID WEISMAN .1N .\I i.l.. .. �JJ ``♦ - FLn�'- Cc4065 y ATTEST: ELLISA L. HORVATH, C, CITY CLERK Approved as to Form and Legal Sufficiency: CITY ATTORNEY Page 3 of 3