HomeMy WebLinkAboutRESOLUTION - 26-92 - 4/14/1992 - SIGNATORIES NBD BANK/NORTHERN TRUST/RESOLUTION NO. 26-92
A RESOLUTION AUTHORIZING CERTAIN OFFICIALS AS APPROPRIATE
SIGNATORIES (NBD ELK GROVE BANK, NORTHERN TRUST COMPANY,
CONTINENTAL BANK, N.A., AMERICAN NATIONAL BANK, ILLINOIS
PUBLIC TREASURER'S INVESTMENT POOL AT BANK ONE)
WHEREAS, it has been recommended that the best interest of the Village
of Elk Grove Village would be served by maintaining accounts at NBD Elk
Grove Bank, the Northern Trust Company, Continental Bank, N.A., American
National Bank and the Illinois Public Treasurer's Investment Pool at Bank
One (IPTIP) as designated depositories in which certain funds and
securities of the Village of Elk Grove Village may be deposited or held in
custody; and
WHEREAS, certain officials previously designated as appropriate
signatories have since left office and new signatories must be designated.
NOW, THEREFORE, BE IT RESOLVED, by the President 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 banks listed in
Section 2, requiring designated and authorized signatories, are 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 Resolutions.
Section 2: That the accounts to which this Resolution is applicable
are as follows:
NBD Elk Grove Bank General Fund 10-0110
Water/Sewer Fund 10-0021
Claims Fund 17-1921
Payroll Fund 10-4787
Northern Trust Company Investment Account 885207
Continental Bank, N.A. Investment Account 78-24157
American National Bank Capital Project Debt Fund 1431382
IPTIP General Fund
283-0388
Water/Sewer Fund
283-0396
Motor Fuel Tax Fund
283-0418
Capital Projects Fund
283-0442
Civil Defense Fund
283-0469
Municipal Purpose Fund
283-3395
Asset Seizure Fund
283-4545
Capital Project Debt Fund
284-4184
Section 3: That the following officials are designated signatories on
the accounts named above: Village President, 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.
PASSED this 14th day of April , 1992.
APPROVED this 14th day of April , 1992.
ATTEST:
Patricia S. Smith
Village Clerk
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Charles J. Zettek
Village President