96-09 Banking
RESOLUTION 96-9
Corporate Resolution
RESOLVED: that (Corporate Name) City of Sodaville establish one or more deposit accounts with Key Bank of Oregon upon such terms and conditions as may be agreed upon with said bank and that the City Recorder (title) and Mayor (title) of this corporation be and they are hereby authorized to establish such accounts.
RESOLVED: that Key Bank of Oregon be, and it is hereby, selected as a depository for the funds of this corporation. Funds shall be withdrawn from said depository on checks of this corporation signed by any of the following:
Penny Seward City Recorder
Charles Mullenix Mayor
Marlene Atchley Councilor
and may be payable to bearer, or to the order of, or for the use and benefit of, the signer or signers thereof; Each of said persons is hereby authorized for and on behalf of, and in the name of this corporation to endorse and deliver to said depository, for any purpose and to any amount commercial paper of any kind, negotiable or non-negotiable, executed by others and owned or held or payable to this corporation. The authority hereby conferred shall continue in force until notice of its revocation in writing shall have been given to the depository.
I hereby certify that the foregoing is a full, true and correct copy of the resolution adopted by the Board of Directors ,
of (Corporate Name) City of Sodaville at a meeting of said Board regularly held on the 23rd day of July, 1944 and that such resolution is recorded in the Minute Book of the corporation, and that the signatures appearing on this document are the signatures of the persons duly authorized to withdraw funds of said corporation from said bank in accordance with the above resolution until such authority is revoked by giving written notice thereof to said bank signed by the officers of said corporation thereunto duly authorized by its Board of Directors.