R-4686
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10-3-75
RESOLUTION NO. 4686 (CCS)
(C~ty Council Ser~es)
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF SANTA MONICA AUTHORIZING
THE ESTABLISHMENT AND USE OF ONE OR
MORE DEPOSIT ACCOUNTS WITH CERTAIN
BANKING INSTITUTIONS, AUTHORIZING A
FACIMILE SIGNATURE BY R. A. WILSON,
AND AUTHORIZING CERTAIN OFFICERS AND
EMPLOYEES TO ENTER SAFE DEPOSIT BOX
"B" AT THE UNITED CALIFORNIA BANK.
THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES
RESOLVE AS FOLLOWS:
SECTION 1.
That the City of Santa Monica, a
mUnic~pal corporat~on, establ~shes in its name one or more
deposit accounts with the Santa Mon~ca Bank, the Bank of Amer~ca
National Trust and Sav~ngs Assoc~at~on, the United Californ~a
Bank, the Security Pacific Nat~onal Bank, City Nat~onal Bank,
Union Bank, the Chase Manhattan Bank, New York, New York, Crocker-
Citizens Nat~onal Bank, the Southern Californ~a First National
Bank, Lloyd's Bank, Wells Fargo Bank, the Bank of Cal~forn~a,
and the Ocean State Bank upon such terms and condit~ons as are
prov~ded by the Statutes of the State of Cal~forn~a governing
public depos~ts; and that R. A. W~lson, Acting D~rector of
Finance-City Controller, and Kay Watanabe, City Treasurer, be
and they hereby are author~zed to establ~sh such accounts.
SECTION 2.
That R. A. W~lson, Acting Dlrector of
Finance-City Controller, and Kay Watanabe, City Treasurer, be
and they hereby are authorlzed to withdraw funds from said accounts
upon warrants and/or checks slgned as provlded herein with
signatures duly certlfled to said banks by the C~ty Clerk of the
City of Santa Mon~ca, and sa~d banks are hereby authorized to
honor and pay any and all warrants and/or checks so signed,
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includlng those drawn to the lnd1vldual order of any officer or
other person authorized to sign the same.
SECTION 3. That ln the event Kay Watanabe, Clty
Treasurer, for any reason is unable to slgn warrants at any
part1cular time for the withdrawal of funds and it is necessary
that such funds be wlthdrawn or such warrants and/or checks be
signed lmmediately, then Vera Graves 1S hereby authorized to
afflx a facsimile slgnature of Kay Watanabe and to place her
signature thereunder.
SECTION 4.
That the Santa Monica Offlce of the
Santa Monlca Bank, United Callfornia Bank, and Bank of Amerlca
Natlonal Trust and Savings Association, as designated deposltorles
of the C1ty, be and they, lncluding thelr correspondent banks,
hereby are requested, authorlzed, and directed to honor all checks,
drafts, or other orders for the payment of money drawn to the
lndlvldual order of any person or persons whose names appear
thereon as slgner or slgners thereof, when bearlng or purportlng
to bear the facsimile signature of R. A. Wilson in lleu of said
person's manual slgnature; provlded that all previous authorizatlons
for the slgning and honoring of checks, drafts, or other orders for
the payment of money drawn on sald banks by the City hereby are
contlnued in full force and effect as amplified hereby.
SECTION 5. That the said banks, lncludlng their
correspondent banks, shall be entltled to honor and charge the
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 faCSlmlle signature thereon may have been affixed thereto,
lf such facslmile slgnature resembles the facslmile specimens from
time to time flIed wlth sald banks by an offlcer of the City.
SECTION 6. That the City of Santa Monica, a municipal
corporatlon, has rented safe deposit box "B" at the Unlted
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Cal~forn1a Bank, and that R. A. Wllson, Actlng Director of Finance-
City Controller, jo~ntly wlth Kay Watanabe, City Treasurer, or
Vera Graves be and they are hereby authorlzed to enter said safe
deposlt box.
SECTION 7.
Resolutlon No. 4421 (CCS) and all other
resolutions in confllct herewlth are hereby repealed.
SECTION 8.
Resolutlon No. 3671 (CeS) and all other
resolutlons 1n conflict herewith are hereby repealed.
SECTION 9.
Resolutlon No. 4420 (CCS) and all other
resolutlons 1n confllct herewlth are hereby repealed.
SECTION 10.
The City Clerk shall certify to the
adoptlon of this resolution, and thenceforth and thereafter the
same shall be in full force and effect.
ADOPTED and APPROVED thlS 14th day of
October
,1975.
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ATTEST: ~~,
Hayor
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Citl/h::::y certify
that the foregoing resolutlon was duly
adopted by the Clty Council of the City of Santa Monica at a
regular
meetlng thereof, held on the 14th day of October
1975, by the following vote of the Council:
AYES:
Councllmember: Cohen, Judson, McCloskey, Reed,
Swink, Trives
NOES:
Counc1lmember: None
ABSENT:
Councllmember: van den Steenhoven
?)~D A: ) ;RK? I
,,~,;~. .~~---
~ Clty At~orney
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Santa Monica, Callfornla
October 3, 1975
TO:
Mayor and City Councll
FROM:
Clty Attorney
SUBJECT:
Transactlon of Clty Monetary Business
INTRODUCTION:
This report transmlts the attached resolution which
incorporates previous Resolution numbers 4421, 3671 and 4420,
concerning the authorization of the Director of Finance-Clty
Controller regardlng the signlng of City warrants, establishlng
of City accounts and withdrawarfrom the same, and facsimile
signatures.
BACKGROUND:
These resolutlons were revised in order to reflect that
Ralph A. Wilson is currently the actlng Director of Finance-Clty
Controller. The former resolutlons refer to F.A. Gaudio and
authorize the use of his slgnature for the transaction of City
monetary bUSlness.
The attached resolutlon reincorporates the exact language
of the former resolutlons, wlth the exceptlon that the name of
Ralph A. Wilson is substituted for that of F. A. Gaudio thereby
confirming the authority of Ralph A. Wilson to transact City
monetary buslness.
ALTERNATIVE SOLUTIONS:
Not applicable.
RECOMMENDATION:
It is recommended that the City Council adopt the attached
resolution to conform the previous resolutions to the establlshment
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of Ralph A. Wilson as Acting Dlrector of Finance-City Controller.
Prepared by: Richard L. Knickerbocker, City Attorney
Samuel I. Strelchman, Assistant Clty Attorney
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of Ralph A. Wilson as Acting Director of Finance-City Controller.
Prepared by: Richard L. Knickerbocker, City Attorney
Samuel I. Streichman, Assistant C~ty Attorney
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