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RESOLUTION NO. 16 -RR <br />A RESOLLTION DESIGNATING A DEPOSITORY AND <br />AUTHORIZING CERTAIN OFFICIALS AS APPROPRIATE <br />SIGNATORIES (Northwest National Bank) <br />WHEREAS, it has been recommended that the best interest of the <br />Village of Elk Grove Village would be served by maintaining the Northwest <br />National Bank as a designated depository in which certain funds of the <br />Village of Elk Grove Village may be deposited. <br />NOW THEREFORE, BE IT RESOLVED, by the President and Board of Trustees <br />of the Village of Elk Grove Village, Counties of Cook and Du Page, Illinois: <br />Section 1. That the Resolution contained in the attached exhibit <br />is hereby approved and the exhibit is to be considered a part of this <br />Resolution as though the Resolution were incorporated herein. <br />Section 2. That the bank account to which this Resolution is applicable <br />is as follows: <br />Village of Elk Grove Investment Account <br />Section 3. That the following officials or employees are designated <br />signatories on the account named above: Village President, Village <br />Manager, Village Clerk, Village Treasurer, Assistant Village Treasurer. <br />Section 4. That this Resolution shall be in full force and effect <br />and after its passage and approval according to law. <br />Passed and Approved this 23rd day of February , 1988. <br />ATTEST: <br />Patricia S. Smith <br />Village Clerk <br />Charles J. Zettek <br />President <br />