HomeMy WebLinkAbout2159RESOLUTION NO. 2159
'I ·
{~lF,4flli/'~ CORPORATE RESOLUTION OF AUTHORITY
AND BUSINESS ACCOUNT CONTRACT
CITY OF BR94ERIIDN CDBG STATE RENTAL REHAB PRfDGRAM
C~ING AC~ # 67087-015
A. "RESOLVED that Seaffie-First National Bank (hereinafter referred to as "Bank") is
sell as a bank of deposit for the funds of this Corporalton and the individuai listed
on the Suine~ Slgnmum C4rd, form 0072, are the authorized peraens referred to in
B, RESOLVED FURTHER, that each of the auffiodzed persons may on behlf of the
Corporation:
1. Open and deposit funds into any checking, savings, or time deposit account, or
R~~.Lri~Obligale the Corpormion to conlracts and other reements with the bank.
DepOsit to thla Corporabon's account (and pro~i~; any endorsements for that
pu ) any negotiable item payable to the Corporation.
C. ~FURTHER, that in addition, any of these persons (subject to any signing
· ons) shown on the Business ,SignaNre Card may on behalf of this Corporation:
1. Write any check, draftand/or advice of debit.
2.. Withdraw funds from any checking, savings or tim deposit account. or any
- certificate of deposit.
3. Cash, endorse, or deposit any negotiable item payable to this Corporation.
4. Authorize any additional s~gners on the account through completion of
AdditionaJ Business Signatures, form GS-3802.
D. ~ESOLVED FURTHER, that th~s Corporation agrees to be bound by and acknowledges
t,;"o 2; ,'; ^.-"- =o""" '"' '"'"""°'
Ir RESOLVED FURTHER, that the Bank has no obligation to determine that funds are
applied to the Corporation's account or for its benef'rL Endorsement made by a rubber
stamp will bind the Corporation. This resolution supersedes any prior resolution. The
Corporation may terminate this resolution by writin(jj a letter signed by a person
authorized on the Busine~1 Signature Card revoking th~$ resolution. The letter must be
received by the bank at each branch of account and is not effective until received. All
transactions which would have been authorized by this resolution but were taken ~or
to this resolution am railfled.
F. RESOLVED FURTHER, that this resolution constitutes a binding agreemerit between the
Corporalion and the ltmk.
Mayor
Wt Gene Lobe i (~]lf~..~:d~t, ~1
Kathleen McCluskey ,the~i~/ above-named
Corporation, ctlify thlt this rllolutio. has INNIn adopted by the Board of Direotors of
1. -AtAmlHi~g~lllda!ld_blldo!~ .3._\~ ,19 87'ol
2. *By me undersigned directors, as the antire Board of Directors of
Corporalion, who by their signaturM agree to the above sialmerits which are
governed by Chapter 176, Laws of 1!M7, Laws of Washington. (*For uM by
cor!xtationl organized under the laws of the Slam of Washingto..)
· And if this resoMion was adopted without a meeting of the Board of Directors that the
Arljcles and Bylaws of me Corporalion do not preysfit action by the Board of Directors
without a meeting, This resolution is recorded and appaers in the minute book ot the
Rre ton Washingto~ 2_\?-o 19 8eeti~n?
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FORM31/