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2007-037 RESOLUTION NO. 2007-37 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF A VENTURA, FLORIDA, AUTHORIZING AND DIRECTING THE CITY MANAGER TO AMEND THE LIST OF AUTHORIZED USERS FOR ALL BANK OF AMERICA BANK ACCOUNTS AS SET FORTH ON CERTAIN BANK FORMS; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS RESOLUTIQN; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Aventura ("City") previously authorized the use of Bank of America for Banking Services; and WHEREAS, as a result of recent staff changes, it is necessary to advise Bank of America of those changes and to revise 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 approve changes to 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 recitals are ratified and confirmed as being true and correct and are hereby made a specific part of this resolution upon adoption. Section 2. Checks issued or withdrawals made from accounts maintained by the City in public depositories shall be signed by the City Manager and Finance Support Services Director. Resolution No. 2007-37 Page 2 Section 3. The City Manager is hereby authorized and directed to amend the list of authorized users for all Bank of America accounts as set forth on certain bank forms. Section 4. The City Manager and Finance Support Services Director are authorized to establish accounts from time to time on behalf of the City at Bank of America, 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 immediately upon its adoption. The foregoing Resolution was offered by Commissioner Weinberg, who moved its adoption. This motion was seconded by Commissioner Joel, and upon being put to a vote, the vote was as follows: Commissioner lev Auerbach yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Billy Joel yes Commissioner Luz Urbaez Weinberg yes Vice Mayor Michael Stern yes Mayor Susan Gottlieb yes Resolution No. 2007-~'7 Page 3 PASSED AND ADOPTED this 11th day of September, 2007. Approved as to Form and Legal Sufficiency: City Atti;:1 t1n ~