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1954-2499RESOLUTION NO. 2499 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING DEPOSIT OF FUNDS OF THE CITY OF ANAHEIM IN THE BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, ANAHEIM BRANCH; AND AUTHORIZING THE MAYOR AND THE CITY CLERK TO EXECUTE CHECKS AND OTHER ITEMS FOR AND ON BEHALF OF THE CITY. WHEREAS, the City Council of the City of Anaheim finds that convenience and necessity in the handling of certain funds of the City of Anaheim require the establish- ment of the following accounts in a bank or banks located in the City of Anaheim: City of Anaheim Commercial Account Veterans Public Housing, City of Anaheim Commercial Account Magnolia. Trunk Sewer Project Construction Fund, City of Anaheim Checking Account 1951 Sewer Bonds Acquisition and Construction Fund, City of Anaheim Checking Account 1951 Sewer Bonds Acquisition and Construction Fund, City of Anaheim Inactive Account AND WHEREAS, the City Council further finds that the Mayor and City Clerk of the City of Anaheim should be author- ized to execute checks and other items for and on behalf of the City in connection with said accounts. NOW, THEREFORE, BE IT RESOLVED that the City of Anaheim establish in its name deposit accounts as set forth above with the Bank of America National Trust and Savings Association (Anaheim Branch) upon such terms and conditions as may be agreed upon with said bank, and that the Mayor and City Clerk of said City be, and they are hereby, authorized to establish such accounts. BE IT FURTHER RESOLVED that Chas. A. Pearson, Mayor and Dene M. Williams, City Clerk of the City of Anaheim be, and they are hereby, authorized to withdraw funds of said City from the above named accounts upon checks of said City, signed by Chas. A. Pearson, Mayor and Dene M. Williams, City Clerk, and that said bank be, and it is hereby, authorized to honor and pay any and all checks so signed, including those drawn to the individual order of any officer authorized to sign the same. AND BE IT FURTHER RESOLVED that the City of Anaheim agrees with the Bank of America National Trust and Savings Association that the accounts above named be carried by said bank in the manner and type of account as above indicated, and that all funds which the City of Anaheim has or may have on deposit therein with said bank shall be governed by its by- laws, all future amendments thereof, all regulations passed or hereafter to be passed by its Board of Directors pursuant -1- to said by -laws, and by all rules and practices of said bank relating thereto, including interest, service charges, etc. THE FOREGOING RESOLUTION is signed and approved by me this 10th day of August, 1954. ATTEST: STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM (SEAL) '2' .CJ. n- CITY CLERK 0F THE CITY OF ANAHEIM. MAYOR OF THE CITY OF ANAHEIM. I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution was passed and adopted at a regular meeting of the City Council of the City of Anaheim, held on the 10th day of August, 1954, by the following vote of the members thereof: AYES: COUNCILMEN: Pearson, Fry, Schutte, Wisser and Van Wagoner. NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution on the 10th day of August, 1 954. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 10th day of August, 1954.