HomeMy WebLinkAboutReso 078-93 BoA BankProviderRESOLUTION NO. 78 - 93
A RESOLUTION OF THE CITY COUNCILOF THE CITY OF DUBLIN
DESIGNATING THE PROVIDER OF BANKING SERVICES
AND RESCINDING RESOLUTION NO, 68-86
WHEREAS, on July 28, 1986, the Dublin City Council adopted
resolution No. 68-86, which designated the bank to be used by the City;
and
WHEREAS, due to mergers and changes in the banking industry the
bank identified in Resolution No. 68-86 is no longer in existence; and
WHEREAS, it is appropriate to have a resolution which clearly
designates the current provider of banking services to the City of
Dublin; and
WHEREAS, Bank of America National TruSt and Savings AssociatiOn
(Bank of America) is the surviving company of the most recent merger
transaction involving the prorider of banking services to the City of
Dublin; and
WHEREAS, on May 23, 1988, the Dublin City Council adopted
Resolution 70-88, authorizing Staff to secure "Night Deposit Services"
from the provider of banking services to the City of Dublin; and
WHEREAS, this resolution shall continue to authorize Staff to
secure such services to the extent that they are deemed necessary by
City Staff.
NOW, THEREFORE, BE IT RESOLVED that the city Council of the city of
Dublin does hereby designate Bank of America as the provider of general
banking services for the City of Dublin.
BE IT FURTHER RESOLVED that the City Treasurer and/or the Deputy
City Treasurer 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 Bank of America.
PASSED, APPROVED AND ADOPTED this 14th day of June, 1993.
AYES: Mayor Snyder, Vice Mayor Burton, Councilmember Howard, and
Councilmember Houston
NOES: None
ABSENT:Councilmember Moffatt