1. Resolution 4691 - Designating Glacier Bank as DepositorCity of Kalispell
Post Office Box 1997 - Kalispell, Montana 59903-1997 - Telephone (406)758-7700 Fax(406)758-7758
REPORT TO:
FROM:
SUBJECT:
MEETING DATE:
Mayor Kennedy and City Council
Amy Robertson, Finance Director
Chris Kukulski, City Manager
Bank signature authorization
April 15, 2002
BACKGROUND: We recently moved the City's operating bank account to Glacier
Bank. This resolution authorizes the City Manager, Finance
Director and Assistant Finance Director to sign on the account.
The resolution further authorizes the persons who sign to enter into
other banking agreements as needed.
RECOMMENDATION:
FISCAL EFFECTS:
ALTERNATIVES:
-�
Amy H. Robertson
Finance Director
Adopt Resolution 4691
none
As suggested by Council.
Report compiled: April 10, 2002
Chris A. Kukulski
City Manager
RESOLUTION NO. 4691
A RESOLUTION DESIGNATING GLACIER BANK AS THE DEPOSITOR OF THE CITY
OF KALISPELL AND AUTHORIZING THE CITY MANAGER, FINANCE DIRECTOR AND
ASSISTANT FINANCE DIRECTOR TO EXECUTE CHECKS, DRAFTS OR OTHER
ORDERS WITHDRAWING FUNDS FROM CITY ACCOUNTS WITH SAID BANK.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL,
MONTANA, AS FOLLOWS:
SECTION I. See Exhibit "A", attached hereto and thereby
made a part hereof.
SECTION II. This Resolution shall become effective
immediately upon passage by the City Council
and approval by the Mayor.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR
THIS 15TH DAY OF APRIL, 2002.
Pamela B. Kennedy
Mayor
ATTEST:
Theresa White
City Clerk
EXHIBIT "A"
CERTIFICATE OF AUTHORITY
(Governmental Entities)
I, Amy H. Robertson, do hereby certify that I am the Finance Director of the City of Kalispell (herein called the
"Depositor"), a City existing under the laws of the State of Montana; that the following is a true, complete and correct
copy of resolutions adopted at a meeting of the City of Kalispell of the Depositor duly and properly called and held on
the 15th day of April, 2002; that a quorum was present at said meeting; and that said resolutions are now in full force
and effect.
Deposits
RESOLVED, that Glacier Bank (herein called the "Bank") be and is hereby designated as a depository of the City of
Kalispell with authority to accept or receive at any time for the credit of the Depositor deposits by whomsoever made,
of funds and other property in whatever form or manner transferred or endorsed, whether made as demand deposits,
savings deposits, or time deposits; and that any officer or official of the Depositor be and is hereby authorized to open
or cause to be opened one or more accounts with the Bank on such terms, conditions and agreements as the Bank may
now or hereafter require and to make any other agreements deemed advisable in regard to any of the foregoing.
RESOLVED FURTHER, that checks, drafts or other orders for the payment, transfer or withdrawal of any of the funds
or other property of the Depositor on deposit with the Bank shall be binding on the Depositor when signed, manually
or by use of a facsimile or mechanical signature or otherwise authorized by any two (2) of the following individuals:
City Manager, Finance Director or Assistant Finance Director, and the Bank is hereby authorized to pay and charge to
the account of the Depositor any such checks, drafts or other orders so signed or otherwise authorized, including those
payable to the individual order of the person or persons signing or otherwise authorizing the same and including also
those payable to the Bank or to any other person for application, or which are actually applied to the payment of any
indebtedness owing to the Bank from the person or persons who signed such checks, drafts or other withdrawal orders
or otherwise authorized such withdrawals. In particular, and not in limitation of foregoing, such persons may authorize
payment, transfer or withdrawal by oral or telephonic directions to the bank complying with such rules and regulations
relating to such authorization as the bank may communicate to the Depositor from time to time.
Other Services
RESOLVED FURTHER, that the person(s) so authorized to sign be and are hereby authorized and empowered, on
behalf of the Depositor, to transact any and all other business with and through the Bank which such person(s) may at
any time deem to be advisable, including, without limiting the generality of the foregoing, authority to purchase
certificates of deposit and to enter into deposit agreements, safe deposit agreements, lock -box agreements, night
depository agreements, freight payment service agreements, payroll service agreements and other electronic data
processing service agreements offered by the Bank, and, in reference to any such business, to make any and all
agreements and to execute and deliver to the Bank any and all contracts and other writings which such person(s) may
deem to be necessary or desirable.
Further Provisions
RESOLVED FURTHER, that the Finance Director shall certify to the Bank the names and signatures (either actual or
any form or forms of facsimile ormechanical signatures adopted by the person authorized to sign) of the persons named
above and such certifying officer shall from time to time hereafter, upon a change in the facts so certified, immediately
certify to the Bank the names and signatures (actual or facsimile) of the persons then authorized to sign or to act; the
Bank shall be fully protected in relying on such certificates and on the obligation of the certifying officer (set forth
above) to immediately certify to the Bank any change in any facts so certified, and the Bank shall be indemnified and
saved harmless by the Depositor from any claims, demands, expenses, loss or damage resulting from or growing out
of honoring or relying on the signature of other authority (whether or not properly used and, in the case of any facsimile
signature, regardless so when or by whom or by what means such signature maybe been made or affixed) of any officer
or person whose name and signature was so certified, or refusing to honor any signature or authority not so certified.
RESOLVED FURTHER, that these resolutions shall continue in force until express written notice of their rescission
or modification has been furnished to and received by the Bank.
RESOLVED FURTHER, that any and all transactions by or in behalf of the Depositor with the Bank prior to the
adoption of this resolution be, and the same hereby are, in all respects ratified, approved and confirmed.
I further certify that the City Council of the Depositor, has, and at the time of adoption of said resolutions had, full
power and lawful authority to adopt the foregoing resolutions and to confer the powers therein granted to the persons
named, and that such persons have full power and authority to exercise the same.
I further certify that the names, titles (if any) and signatures (actual or facsimile) of the persons authorized to sign or
to act on behalf of the Depositor by its governing board identified above are as set forth below in the section of this
Certificate of Authority entitled "Authorized Signers".
In Witness Whereof, I have hereunto subscribed my name and affixed the seal of the Depositor this day
of , 2002.
Attest by one other officer
Imprint Seal
Authorized Signers
Name
Title (if any) Sample Signature
Chris A. Kukulski
City Manager
Amy H. Robertson
Finance Director
Carol L. Kostman
Assistant Finance Director