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HomeMy WebLinkAboutRESOLUTION - 75-88 - 12/13/1988 - DESIGNATE DEPOSITORY & AUTH SIGNATORIES RESOLUTION NO. 75-88 A RESOLUTION DESIGNATING A DEPOSITORY AND AUTHORIZING CERTAIN OFFICIALS AS APPROPRIATE SIGNATORIES (EXCHANGE NATIONAL BANK OF CHICAGO) WHEREAS, it has been recommended that the best interest of the Village of Elk Grove Village would be served by maintaining the Exchange National Bank of Chicago as a designated depository in which certain funds of the Village of Elk Grove Village may be deposited. 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 contained in the attached exhibit is hereby approved and the exhibit is to be considered a part of this Resolution as though the Resolution were incorporated herein. Section 2: That the bank account to which this Resolution is applicable is as follows: "VILLAGE OF ELK GROVE INVESTMENT ACCOUNT" Section 3: That the following officials or employees are designated signatories on the account named above: Village President, Village Manager, Village Clerk, Village Treasurer, 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 13th day of December 1988. APPROVED this 13th day of December 1988. Charles J. Zettek Village President ATTEST: Patricia S. Smith Village Clerk