HomeMy WebLinkAboutRESOLUTION - 34-01 - 7/17/2001 - AUTHORIZE DEPOSITORY/CERTAIN OFFICIALSRESOLUTION NO. 34-01
A RESOLUTION AUTHORIZING A DEPOSITORY AND CERTAIN OFFICIALS AS
APPROPRIATE SIGNATORIES (ADVANTAGE NATIONAL BANK, ILLINOIS)
WHEREAS, it has been recommended that the best interest of the
Village of Elk Grove would be served by designating Advantage
National Bank as a depository in which certain funds and securities
of the Village of Elk Grove Village may be deposited or held in
custody; and
WHEREAS, certain officials are designated as appropriate
signatories.
NOW, THEREFORE, BE IT RESOLVED, by the Mayor and Board of
Trustees of the Village of Elk Grove Village, Counties of Cook and
DuPage, Illinois:
Section 1: That the Resolution required from the Advantage
National Bank requiring designated and authorized signatories, is
hereby approved to be initially executed and revised from time to
time as required as a result of resignation or termination of
employment or term of office, as the case may be, of those officials
designated on said Resolution.
Section 2: That the account to which this Resolution is
applicable is as follows: Elk Grove Village Investment Account.
Section 3: That the following officials are designated
signatories on the account named above: Mayor, Village Manager,
Village Clerk, Village Treasurer and Assistant Village Treasurer.
Section 4: That this Resolution shall be in full force and
effect from and after its passage and approval according to law.
VOTE: AYES 6 NAYS 0 ABSENT 0
PASSED this 17th day of
2001.
APPROVED this 17th day of July , 2001.
Craig B. Johnson
Mayor
ATTEST:
Ann I. Walsh
Village Clerk
RESadvantagebankjuly2001.doc