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HomeMy WebLinkAboutRESOLUTION - 32-84 - 5/8/1984 - DESIGNATING DEPOSITORY/SIGNATORIESRESOLUTION NO. 32-84 A RESOLUTION DESIGNATING A DEPOSITORY AND AUTHORIZING CERTAIN OFFICIALS AS APPROPRIATE SIGNATORIES (Suburban National Bank of Elk Grove) WHEREAS, it has been recommended that the best interest of the Village of Elk Grove Village would be served by maintaining the Suburban National Bank of Elk Grove Village as a designated depository in which certain funds of the Village of Elk Grove Village may be deposited, 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 Resolutions contained in the attached exhibit are hereby approved and the exhibit is to be considered a part of this Resolution as though the Resolutions were incorporated herein. Section 2. That the bank account to which this Resolution is applicable is as follows: Federal Revenue Sharing Fund #00-001-9 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, and to be in effect as of Passed and Approved this 8th day of May , 1984. Charles J. Zettek President Attest: Patricia S. Smith Village Clerk THIS COPY TO BE DELIVERED TO THE BANK I Patricia..s.:..smith......................................................... do hereby certify Village Clerk that I am the Akamtuy of ........... the...vi.11a9496..Qf..szx..Gaoua..ui tlaga.................................. a Corporation duly and legally organized and existing under and by virtue of the laws of the State of...... ?? nos .........................I and that I am the Custodian of the records and the seal of said Corporation; that at a meeting of the Board of Directors of said Corporation duly and legally called and held in accordance with law and the By -Laws of said Corporation, on the....... awx ......... day of..............skis......................, AD. 19..x.4.., at which said meeting a majority and quorum of the Board of Directors of said Corpora- tion, was present; the following Resolution was adopted by the affirmative vote of a majority of the whole Board of Directors of said Corporation, to -wit: 'Spfthe ViZZa e of EZk Grove Vi11a e Be it Resolved by the Board of SPh ...............................4.................................................g........ 1. That the.... Baak..of...8Z1c... Grove ... V.illaga................................................. be and it is hereby designated as one of the depositaries of the funds of this Corporation, and that the officers or employees of said Corporation are hereby authorized to endorse, in the name of this Corporation for the purpose of deposit and collection in and with said Bank, checks, drafts, notes and other like obligations, issued or drawn to and owned by said Corporation, and it is further resolved that endorsements for deposit and collection may be by the written or stamped endorsement of the Corporation without designation of the party making the endorsement. 2. That said Bank be and it is hereby authorized, to pay out the funds of this Corporation on deposit with it from time to time upon checks drawn upon said depositary and signed in the name of this Corporation by its ........ .T..reasurer ,,,,,,,,,,,,,,,,,,,,,,,,or .......................................... -Ugi.S.tant;... TreaaurerTZ'eaaux.ex ................ counter -signed by .................. or ..... UURge... Ugtrg..................................whether said checks are payable to cash, bearer or the order of the Corporation, or to any third party, or to the order of any signing or countersigning officer of the Corporation or any other Corporation officer, in either their individual or official capacity. S. That the....................................................................and..................................................................................... or.................................................................................ana......................... or..... ............................................ ................ ................. ............ .... ....................................... ...................... I............. of this Corporation be and they are hereby authorized from time to time to borrow money from said Bank in such amounts, for such length of time and at such rate of interest and upon such other terms and conditions as said officer or officers may deem expedient, and to evidence the indebtedness thereby created by executing and delivering in the name and on behalf of this Corporation promissory notes, judgment promissory notes and other like obligations of this Corporation, signed in, the name of this Corporation by the officer or officers designated above; and to pledge as security for the payment of said notes and other obligations any property or security now or hereafter belonging to said Corpora- tion, which notes or other obligations shall be in such form and shall contain such terms, provisions and conditions as may be deemed proper by such officer or officers; and said officer or officers is or are further authorized to discount to said Bank the notes and other obligations issued to or owned by said Corporation, and to endorse the same for such purpose. 4. That the said Bank shall not be in any manner whatsoever, responsible for or required to see to the application of any of the funds of this Corporation deposited with it, checked out or borrowed from it, or secured by the discount of notes and other obligations to it as hereinbefore provided, and all such transactions shall be conclusively presumed to be legally binding upon this Corporation. THIS COPY TO BE DELIVERED TO THE 3JNK Village Clerk 1. ........... .......... I the Cyt of this G: _-oration, shall file N-ith ;aid Bank a certified copy of this Resolution under the corps = c seal of this Corpora - n and sna also file with the said Bank a certified list of the pe-:jns at the present time ding the r-Sces of .... P.b:QS,i.d.Psik................... ........V.i1lage..Mana=�- . ................................ .......... I ==.erk................................................I ........ xreasurex... ....... ssistaz_...Treasurer............................and...................................... I . :his Crjrpr ration, and it shall be conclusively presumed that --= jersons so certified as -.ding suer offices continue respectively to hold the same un-_. ---.e said Bank is other - se notifieri _n writing by the Secretary of this Corporation, G. --at this r caoiution shall be in full force and effect and bindin z :pon this Corporation _-.ti it shu.i wave been rescinded, and written notice of such re-_s:on under the corpo- •,ce seal Sha: have been delivered to said Bank. A-,- i do furher certify that the above Resolution has not been in any wise altered, ,plena or rescinded and Is now in full force and effect. I :: 'nrther certify that the names and genuine signatures cf the present officers ,i Sal---orporation are as follows, and that the genuine signa_,ires of those above utherzad to sign iethe_Crporation appear the accompanying Z:��z .. �rCrGX.� .. =-arles/Y. ZEtfek President. ricia S. m tk, �Jillage C &-Mxta%R. Vice -President. _ g� Q Cpneg / / _ asurer. ........................................................................ ... ............ Vice -President. Xi a In gebri gts Assis ant Treas. .......................................................... I...........................................,................................................................. Vice -President. L�lglF ��-4-.................................. Charles A. Willis ViZZage Manager 1- WITLESS WHEREOF, I have ereunto set my hand and affixed the cor o/-/ :[e seal of said Corporation, this......... da .....�.l.G ....—..,../.j...., 19, T 8ee:eesr'r- Please Place Impression of the Corporate Seal Here Trustee I, ........Rona.Zd..:....Chernick........................ a DWrobor of said Corporation, do hereby cify that th,e foregoing is a correct copyr/6fla-Pesolution pass w therein se- t forth. Q.... ................. . Trustee Akmetac. Village Clerk The foregoing should be signed by the.Sftltx%t,,w of the board and if possible also some Direp.mmnot authorized to sign on the Corporation's bank account. Trustee .... 563s, ec 1.......rca, .c.