84R-032 RESOLUTION NO. 84R -32
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ANAHEIM AUTHORIZING CERTAIN FINANCIAL ARRANGEMENTS
IN CONNECTION WITH THE ADMINISTRATION OF THE
CITY'S EMPLOYEE HEALTH BENEFIT PLAN.
WHEREAS, The Equitable Life Assurance Society of the
United States (hereinafter referred to as "Equitable ") will
administer the City of Anaheim's Employee Health Benefit Plan; and
WHEREAS, to facilitate the administration of such Health
Benefit Plan, the City desires to open an account with the Chase
Manhattan Bank, a national banking association (hereinafter
referred to as the "Bank ").
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Anaheim that the City of Anaheim (sometimes referred to
herein as the "City" open a deposit account with the Bank to be
entitled "City of Anaheim - Employee Health Benefit Account" (such
account being hereinafter referred to as the "Account ") and that
the officers and agents of the City of Anaheim and of Equitable
be, and hereby are, and each of them is, authorized to deposit any
of the funds of the City or Equitable in the Account; and
BE IT FURTHER RESOLVED, that until the further order of
the City Council, any of the funds of the City or of Equitable
deposited in the Account be subject at any time, and from time to
time, to withdrawal or charge upon checks, drafts, or other orders
for the payment of money drawn in the name of the City of Anaheim
and bearing or purporting to bear the signature or facsimile
signature of the Finance Director or the Treasurer of the City or
of such persons as may be designated to the bank from time to time
by any Vice President or the Treasurer of Equitable; and
BE IT FURTHER RESOLVED, that the Bank is hereby
authorized to pay any such instrument or make any such charge and
also to receive the same from the payee or any other holder
without inquiry as to the circumstances of issue or the
disposition of the proceeds even if drawn to the individual order
of Equitable or of any signing person, or payable to the Bank or
others for its or his account, or tendered in payment of its or
his individual obligation and, at the option of the Bank, even if
the Account shall not be in credit to the full amount of such
instrument or charge; and
BE IT FURTHER RESOLVED, that the Bank is authorized and
directed (a) to send to The Equitable Life Assurance Society
drafts purporting to be drawn by the City upon itself which are
made payable through the Bank, and (b) to accept instructions from
the persons designated by the Treasurer or any Vice President of
Equitable to charge the account and pay the drafts designated by
such persons or, upon return of any such drafts to the Bank with
instructions not to pay them, to return such drafts, unpaid, to
the presenter; and
BE IT FURTHER RESOLVED, that all statements of account,
cancelled vouchers and correspondence in connection with the
Account shall be addressed and delivered or sent to Equitable.
THE FOREGOING RESOLUTION is approved and adopted by the
City Council of the City of Anaheim this 24th day of January, 1984.
AMOO
MAYOR OF THE CITY OF • AHEI
ATTEST:
CIT CLERK OF THE 'ITY OF ANAHEIM
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(2232N)
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing Resolution No. 84R -32 was introduced and adopted at a regular
meeting provided by law, of the City Council of the City of Anaheim held on
the 24th day of January, 1984, by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Bay, Overholt, Pickier and Roth
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
AND I FURTHER certify that the Mayor of the City of Anaheim signed said
Resolution No. 84R -32 on the 24th day of January, 1984.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the
City of Anaheim this 24th day of January, 1984.
CITY CLERK OF THE CIT F ANAHEIM
(SEAL)
I, LINDA D. ROBERTS, City Clerk of the City of Anaheim, do hereby certify that
the foregoing is the original of Resolution No. 84R -32 duly passed and adopted
by the Anaheim City Council on January 24, 1984.
C:ff'
CITY CLERK