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HomeMy WebLinkAbout080-86RESOLUTION NO. 80-86 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DANVILLE DIRECTING DIABLO BANK TO HONOR INSTRUMENTS BEARING FACSIMILE SIGNATURES WHEREAS, as the City of Danville makes use of facsimile signatures; and WHEREAS, Diablo Bank requires authorization to recognize facsimiles; NOW, THEREFORE BE IT RESOLVED that Diablo Bank as a designated depositary of City of Danville be and it (including its correspondent banks) is hereby requested, authorized and directed to honor all checks, drafts or other orders for the payment of money drawn in this City's name on its accounts (including those drawn to the individual order of any person or persons whose names appear thereon as signer or signers thereof) when bearing or purporting to bear the facsimile signature(s) of any 2 of the following: Susanna M. Schlendorf Thomas A. Hanson and said Bank (including its correspondent banks) shall be entitled to honor and to charge this City for all such checks, drafts or other orders for the payment of money, regardless of by whom or by what means the actual or purported facsimile signature or signatures hereon may have been affixed thereto, if such facsimile signature or signatures resemble the facsimile specimens from time to time filed with said Bank by the Secretary or other officer of this corporation; and BE IT FURTHER RESOLVED that all previous authorizations for the signing and honoring of checks, drafts or other orders for the payment of money drawn on said Bank by this corporation are hereby continued in full force and effect as amplified hereby. PASSED, APPROVED AND ADOPTED this 15th day of September, 1986 by the following vote: AYES: Kennett, Lane, McNeely, Offenhartz, Schlendorf NOES: None ABSENT: None MAYOR ATTEST: CLERK