Loading...
HomeMy WebLinkAboutRESOLUTION - 31-81 - 5/12/1981 - SIGNATORIES/BANK OF ELK GROVERESOLUTION NO. 31-81 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 incoprorated herein. Section 2. That the bank accounts to which this Resolution is applicable are as follows: General Account #10-011-0 Payroll Account #10-478-7 Traffic Signal Fund #I1-277-1 Waterworks & Sewerage Fund Revenue Fund #10-002-1 Waterworks & Sewerage Fund Bond Account #10-001-3 Section 3. That the following officials or employees are designated signatories on the accounts 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 and Approved this 12th day of May , 1981. Attest: f VilAage Clerk ' �r Payroll Account 110-=78 k APORATION (Checking) RESOLUTIONS OF BOARD OF DIRECTORS I, Fay M. Bishop Do Hereby Certify that I am Village Clerk the duly xkxWck:t appointed and qualified Sir=etazy 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 rllincis (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 MaW 72, 19 R7 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 m 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 1 rWn of the following (Number of Signatures Requi,ed) Village President, Village Manager, Village Clerk, Village Treasurer, Assistant Village Treasurer lone of which must be Village Treasurer or Assistant Village Treasurer) (Titles of Officers and/or agents, employees or other persons authorized to 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 sail: 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 swsigned,- 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. 60i0 -27B t 1, And Be It Further Resolved, that each of the aforementioned officers or persons authorized to act for this Corporation in any case aforesaid, shall be and hereby is further authorized, without the concurrence of any other officer or person: To waive presentment, demand, protest and notice of dishonor or protest and to give instructions in regard to the handling or delivery of any negotiable or non-negotiable papers or documents involved in any transactions for or on behalf of this Corporation, and To act for this Corporation in the transaction of all other business for its depository account or accounts and to sign orders and issue instructions to the Bank in connection therewith. And Be It Further Resolved, that each of the foregoing resolutions shall continue in force until express written notice of its recission or modification has been received by said Bank, but if the authority contained in them should be revoked or terminated by operation of law without such notice, it is resolved and hereby agreed for the purpose of inducing said Bank to act thereunder, that said Bank shall be saved harmless from any loss suffered or liability incurred by it in so acting after such revocation or termination without such notice. And Be It Further Resolved, that the Secretary of this Corporation be and hereby is authorized to certify to the Bank of Elk Grove a copy of these resolutions and the names and signatures of this Corporation's officers or employees hereby authorized to act in the premises, and said Bank is hereby authorized to rely upon such certificate until formally advised by a like certificate of any change therein, and is authorized to rely on any such additional certificates provided that any additional certificates shall not be effective with respect to any check or other instrument for the payment of money dated on or prior to the date of such additional certificate but presented for payment after receipt thereof by the Bank. This agreement shall be governed by and construed in accordance with the laws of the State of Illinois. I further certify that the following persons have been appointed or elected, have qualified and are now acting as officers or employees of said Corporation in the capacity set before their respective names: Charles J. Zettek Village Clerk PRESIDENT SFjX2FXXT� Fav M_ ni shop VICE-PRESIDENT VICE-PRESIDENT COMPTROLLER TREASURER r:enrgo r'_ rrnnav ASST. SECRETARY ASST. TREASURER rannard -r_ Flnod Village Clerk In Witness Whereof, I have subscribed my name as Spxx, x.*y and have caused the Corporate Seal of said Corporation to be hereunto affixed this Affix Corporate Seal Below SEAL day of 19 sr?Fi`ASkz Village Clerk —� Tram! c yr: '71 �'unu #11-277-1 C,jRPORATION (Checking) RESOLUTIONS OF BOARD OF DIRECTORS I Pay M. Bishop Do Hereby Certify that I am Village Clerk the duly zla&KVX appointed and qualified 8ucrmitafr2y 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 Trustees Board of Ekmaaes thereof, convened and held in accordance with law and the by-laws of said corporation on May 12, 19 sl 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 two of the following (Number of Signatures Required) Village President, Village Manager, Village Clerk, Village Treasurer, Assistant Village Treasurer (one of which must be the Village Treasurer or Assistant Village Treasurer) (Tales of Officers and/or agents, employees or other persons authorized to 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. 60-2717 Bond account #10-001-3 ,i JRPORATION (Checking) RESOLUTIONS OF BOARD OF DIRECTORS f, Fay M. Bishop , Do Hereby Certify that I am the duly v er* / appointed and qualified Secretary and keeper of the corporate seat 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 Trustees Board of Dixemv=thereof, convened and held in accordance with law and the by-laws of said corporation on May 12, 19 81 , 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 two of the following (Number of Signatures Required) Vi77a" President. Village Manager. Village Clerk, Village Treasurer, Assistant Village Treasurer (one of which must be the Village Treasurer or dgsigf-Ant Vi 77agP TrPas77rPr) (Titles of Officers and/or agents, employees or other persons authorized to 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. so.z-B :t1t' And Be It Further Resolved, that each of the aforementioned officers or persons authorized to act for this Corporation in any case aforesaid, shall be and hereby is further authorized, without the concurrence of any other officer or person: To waive presentment, demand, protest and notice of dishonor or protest and to give instructions in regard to the handling or delivery of any negotiable or non-negotiable papers or documents involved in any transactions for or on behalf of this Corporation, and To act for this Corporation in the transaction of all other business for its depository account or accounts and to sign orders and issue instructions to the Bank in connection therewith. And Be It Further Resolved, that each of the foregoing resolutions shall continue in force until express written notice of its recission or modification has been received by said Bank, but if the authority contained in them should be revoked or terminated by operation of law without such notice, it is resolved and hereby agreed for the purpose of inducing said Bank to act thereunder, that said Bank shall be saved harmless from any loss suffered or liability incurred by it in so acting after such revocation or termination without such notice. And Be It Further Resolved, that the Secretary of this Corporation be and hereby is authorized to certify to the Bank of Elk Grove a copy of these resolutions and the names and signatures of this Corporation's officers or employees hereby authorized to act in the premises, and said Bank is hereby authorized to rely upon such certificate until formally advised by a like certificate of any change therein, and is authorized to rely on any such additional certificates provided that any additional certificates shall not be effective with respect to any check or other instrument for the payment of money dated on or prior to the date of such additional certificate but presented for payment after receipt thereof by the Bank. This agreement shall be governed by and construed in accordance with the laws of the State of Illinois. I further certify that the following persons have been appointed or elected, have qualified and are now acting as officers or employees of said Corporation in the capacity set before their respective names: Charles J. 2ettek VILLAGE CLERK PRESIDENT SWR iLzl' Fau M. Bishop VICE-PRESIDENT VICE-PRESIDENT COMPTROLLER Village Manager: Charles A. Willis TREASURER ASST. SECRETARY George C. Coney ASST. TREASURER Leonard J. Flood Village Clerk In Witness Whereof, I have subscribed my name as Scese4axTand have caused the Corporate Seal of said Corporation to be hereunto affixed this day of % 19 .Zl. Affix Ccs pornte Seal Below CS SEAL $aLIrrm y V 11age Clerk ivatcrworks s 5elaerage Tuna Revenue Account "10-002-1 ilJRPORATION (Checking) RESOLUTIONS OF BOARD OF DIRECTORS I Fav M. Bishop — , Do Hereby Certify that I am Village Clerk the duly ale=dxi appointed and qualified 44mremyF 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 Trustees Board of E ireabors thereof, convened and held in accordance with law and the by-laws of said corporation on Mau 12 I9 a) 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 II 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 1-wn of the following (Number of Signatures Required) Village President, Village Manaqer, Village Clerk, Village Treasurer, Assistant Village Treasurer (one of which must be the Village Treasurer or Assistant Village Treasurer) (Title, of Officers and/or agents, employees or other persons authorized to 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. And Be It Further Resolved, that each of the aforementioned officers or persons authorized to act for this Corporation in any case aforesaid, shall be and hereby is further authorized, without the concurrence of any other officer or person: To waive presentment, demand, protest and notice of dishonor or protest and to give instructions in regard to the handling or delivery of any negotiable or non-negotiable papers or documents involved in any transactions for or on behalf of this Corporation, and To act for this Corporation in the transaction of all other business for its depository account or accounts and to sign orders and issue instructions to the Bank in connection therewith. And Be It Further Resolved, that each of the foregoing resolutions shall continue in force until' express written notice of its recission or modification has been received by said Bank, but if the authority contained in them should be revoked or terminated by operation of law without such notice, it is resolved and hereby agreed for the purpose of inducing said Bank to act thereunder, that said Bank shall be saved harmless from any loss suffered or liability incurred by it in so acting after such revocation or termination without such notice. And Be It Further Resolved, that the Secretary of this Corporation be and hereby is authorized to certify to the Bank of Elk Grove a copy of these resolutions and the names and signatures of this Corporation's officers or employees hereby authorized to act in the premises, and said Bank is hereby authorized to rely upon such certificate until formally advised by a like certificate of any change therein, and is authorized to rely on any such additional certificates provided that any additional certificates shall not be effective with respect to any check or other instrument for the payment of money dated on or prior to the date of such additional certificate but presented for payment after receipt thereof by the Bank. This agreement shall be governed by and construed in accordance with the laws of the State of Illinois. I further certify that the following persons have been appointed or elected, have qualified and are now acting as officers or employees of said Corporation in the capacity set before their respective names: VILLAGE CLERK PRESIDENT__ Charles J. Zettek SEA�RHTb'a Y Fau M. Bishop _ VICE-PRESIDENT TREASURER George C. Cone VICE-PRESIDENT ASST. SECRETARY COMPTROLLER ASST. TREASURER Leonard J. Flood tt'7-zjag® Manager• rr,ar7Ag A_ Willis Village Clerk In Witness Whereof, I have subscribed my name as$rxwtaaycand have caused the Corporate Seal of said Corporation to be hereunto affixed this �� day of 19 1i Affix Corporate Seal Below SEAL n x&IgWfdk)c Village Clerk —T_ --- Accounr CvRPORATION (Checking) RESOLUTIONS OF BOARD OF DIRECTORS I, Fau M. Bishop Do Hereby Certify that I am Village Clerk the dulyxk aedje appointed and qualified Sgerecavy 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 Trustees Board of Dixamo mcthereof, convened and held in accordance with law and the by-laws of said corporation on Mau t�) 19 R7 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 two of the following (Number of Signatures Required) Village President, Village Manager, Village Clerk, Village Treasurer, Assistant Village Treasurer (one of which must be the Village Treasurer or Assistant Village Treasurer) (Titles of Officers and/or agents, employees or other persons amhorized to 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. 60-276 And Be It Further Resolved, that each of the aforementioned officers or persons authorized to act for this Corporation in any case aforesaid, shall be and hereby is further authorized, without the concurrence of any other officer or person: To waive presentment, demand, protest and notice of dishonor or protest and to give instructions in regard to the handling or delivery of any negotiable or non-negotiable papers or documents involved in any transactions for or on behalf of this Corporation, and To act for this Corporation in the transaction of all other business for its depository account or accounts and to sign orders and issue instructions to the Bank in connection therewith. And Be It Further Resolved, that each of the foregoing resolutions shall continue in force until express written notice of its recission or modification has been received by said Bank, but if the authority contained in them should be revoked or terminated by operation of law without such notice, it is resolved and hereby agreed for the purpose of inducing said Bank to act thereunder, that said Bank shall be saved harmless from any loss suffered or liability incurred by it in so acting after such revocation or termination without such notice. And Be It Further Resolved, that the Secretary of this Corporation be and hereby is authorized to certify to the Bank of Elk Grove a copy of these resolutions and the names and signatures of this Corporation's officers or employees hereby authorized to act in the premises, and said Bank is hereby authorized to rely upon such certificate until formally advised by a like certificate of any change therein, and is authorized to rely on any such additional certificates provided that any additional certificates shall not be effective with respect to any check or other instrument for the payment of money dated on or prior to the date of such additional certificate but presented for payment after receipt thereof by the Bank. This agreement shall be governed by and construed in accordance with the laws of the State of Illinois. I further certify that the following persons have been appointed or elected, have qualified and are now acting as officers or employees of said Corporation in the capacity set before their respective names: VILLAGE CLERK PRESIDENT Charles J. zettek VICE-PRESIDENT VICE-PRESIDENT COMPTROLLER Village Manager: Charles A. Willis 8EMWY Fay M. Bishop TREASURER ASST. SECRETARY C. Coney ASST. TREASURER Leonard J. Flood Village Clerk In Witness Whereof, I have subscribed my name as rSi'4x` ,Tt'jnand have caused the Corporate Seal of said Corporation to be hereunto affixed this AZ _tt day of 19 J'/. Affil Cprporate Seal Below .y SEAL SrXxXXpyr Village C1er