HomeMy WebLinkAboutReso 046-95 PoliceInvestAcctRESOLUTION NO. 46 - 95
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN
DESIGNATING THE PROVIDER OF BANKING SERVICES
FOR POLICE INVESTIGATION ACCOUNT
(1st Nationwide Bank)
WHEREAS, on August 12, 1985, the Dublin City Council authorized the establishment
of a Revolving Special Investigative Fund; and
WHEREAS, an interest bearing account was established at Homestead Savings; and
WHEREAS, an acquisition was made by 1st Nationwide Bank and Homestead Savings is
no longer in existence; and
WHEREAS, it is appropriate to have a resolution which clearly designates providers of
banking services to the City of Dublin; and
WHEREAS, the City has adopted accounting procedures related to this account including
a restriction on the total balance; and
WHEREAS, the account is interest bearing and will not incur service charges.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin
does hereby designate 1 st Nationwide Bank as the provider of banking services for the City of
Dublin Police Investigations Account.
BE IT FURTHER RESOLVED that the City Manager and the Police Chief shall be the
authorized signers on the account and these officials are hereby authorized to execute any
documents on behalf of the City of Dublin to establish or amend the banking services provided to
the City of Dublin by 1st Nationwide Bank, as they may relate to this account.
PASSED, APPROVED AND ADOPTED this 8th day of May, 1995.
AYES:
Councilmembers Barnes, Burton, Howard, Moffatt & Mayor Houston
NOES: None
AB SENT: None
A T~~ '~-~
k,. ~ity Clet4~
"' (,J Mayor
h:resobank
K2/5-g-95/resobank.doe