HomeMy WebLinkAboutRESOLUTION - 30-81 - 5/12/1981 - SIGNATORIES/BANK OF ELK GROVERESOLUTION NO. 30-$1
A RESOLUTION DESIGNATING A DEPOSITORY AND
AUTHORIZING CERTAIN OFFICIALS AS APPROPRIATE
SIGNATORIES (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 Bank of Elk Grove 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 desig-
nated
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 accounts to which this Resolution
is applicable are as follows:
Petty Cash Account #10-030-7
Section 3. That the following officials or employees are
designated signatories on the accounts named above: Village Treasurer,
Assistant Village Treasurer, Accounting Manager
Section 4. That this Resolution shall be in full force and
effect from and after its passage and approval according to law.
Attest:
Passed and Approved this 12th day of May , 1981.
Village Clerk
JRPORATION (Checking)
RESOLUTIONS OF BOARD OF DIRECTORS
I, Fav M. Bishop , Do Hereby Certify that I am
Village Clerk
the duly alrevedx/ appointed and qualified Swxamry and keeper of the corporate seal and of the minutes and
records of the Village of Elk Grove Village ,
(Name of Corporation in full)
a corporation organized and existing under the laws of the State of Illinois
(Name of State Where Organized)
and that the following is a true and correct copy of certain resolutions duly adopted at a meeting of the
Board of Directors thereof, convened and held in accordance with law and the by-laws of said corporation
on May 72 19 al a quorum being present, and that such resolutions are
(Date of Meeting)
now in full force and effect, have not been recinded or modified and are not in contravention of, or in
conflict with the by-laws or the charter or articles of said Corporation, and that the following resolutions
also constitute an agreement by said Corporation with the Bank of Elk Grove, in respect to the matters
herein set forth:
Be It Resolved, that the Bank of Elk Grove, Elk Grove Village, Illinois (hereinafter sometimes
referred to as the "Bank") be and hereby is designated as a depository in which the funds of this
Corporation may be deposited by its officers, agents and employees, and that such officers, agents and
employees shall be and each of them hereby is authorized to open and maintain an account or accounts with
said Bank and to endorse for deposit or negotiation any and all checks, drafts, notes, bills of exchange, and
orders for the payment of money, either belonging to or coming into possession of this Corporation.
Endorsements for deposit may be made in writing or by a stamp and without designation of the person so
endorsing, and it being understood and agreed that on all such items deposited all prior endorsements are
guaranteed by this Corporation whether or not expressly incorporated therein,
Be It Further Resolved, that any nne of the following
(Number of Signatures Required)
V177age Treacnrar Asci scant Vi l lagp Treacnrar n Arrnnnt]na Manager
of Officers and/or agents, employes or other persons authorized m sign checks)
of this Corporation is/are authorized to sign any and all checks, drafts, and orders, including orders or
directions in informal or letter form, against any funds at any time standing to the credit of this Corporation
with the said Bank, and/or against any account or accounts of this Corporation with said Bank, and that
said Bank is hereby authorized to honor any and all checks, drafts and orders so signed, including those
drawn to the individual order of any such officer and/or agent, employee or other person signing the same,
without further inquiry as to the circumstances of their issue, use or disposition of the proceeds thereof; and
to make and from time to time continue to make arrangements and to issue such instructions as to him/them
shall seem proper for the conduct of any such account or accounts.
60-27B