Laserfiche WebLink
STAFF ORIGINATOR: <br />MEETING DATE: <br />TOPIC: <br />VOTE REQUIRED: <br />BACKGROUND: <br />CONSENT AGENDA 1B <br />Al Rolek, Finance Director <br />April 24, 2000 <br />Resolution 00-47 <br />Change of Signatories on City Firstar Accounts & <br />Authorization for Wire Transfers <br />Simple Majority (3/5 vote) <br />Upon assuming my duties in Lino Lakes, it quickly became apparent that I had no <br />authority with the City's depository to direct the City's funds as I am in the bank's <br />records not a signator on the following: <br />• Safe Deposit Box <br />• Checking Accounts <br />• Certificate of Deposit <br />• Wire Transfer Authorization <br />The approval of this resolution would authorize me as a signatory on the City's accounts <br />along with all existing signatories. <br />OPTIONS: <br />1. Approve Resolution 2000-47 <br />2. Deny Resolution 2000-47 <br />RECOMMENDATION: <br />Staff recommendation is to approve the authorizing resolution. <br />