HomeMy WebLinkAbout1993-06-14 93-329 RESOLVEM
tITV t)
HARLON STREET
MAINE 0
BANGOR, MAINE 04401
Pial all City Cle,k
MEMO
June 15, 1993
DOI CITY MANAGER AND FINANCE DIRECTOR
PROM: RUSSELL J. MCKENNA, CITY CLERK
SUEJECT: RESOLVE 93-228 and'93-329
A copy of 93-328 RESOLVE - Reaoivtian for Opening and Maintaining
Deposit Accounts and Naming John Thl 83ckg as Authorized
Account Signer was sent to the Caeca Northern Bank of Bangor
and Fleet Bank of Bangor.
A copy of 93-329 RESOLVE - Resolution for Eacainile Signatures
was sent to Casco Northern Bank of Bangor.
93-329
Assigned! NO CGUncilor stuns, June 14,
F?CITY OF •
Fti w jk'
(TITLE.) �IR90331109a_. ...........assolutloa.for Facsamile..siglaturss-._....
Ep fM cup caused Of eM chy o Rnapmr:
RESOLVED. TNATr Caeco-ly ?liecn gawk, N.A., as a tlaeigrnted ca;ex itnry,
for the City of Bangor, a r uicipal toxpoxatiar o.;e..caeci under the lave
of tOa Stateof mire, E dead is haetr+rosp:Natal, autMxiped, arch
dixectei to honor checks.,drafts or other orders for the payrent of Poway
'drawn in this corporation's Name, including those payable to ttue
individual order of any Taurean or persona wd:Nae :are or renes apFeer
ttevreon ae suers thereof, uhan hessirg or RaporLbv to beer hie
£acaimile signature of any of the folluai g: John Tmren Nicks,
Trsaa •A^/Tea Collator As origiNabNa ared eitlnr edaexd A. Bazett, City
Manger or ro W. Ferrer, Dixector of #ipinlatration as
muntemigNature alto di to the follewin3 limitationar 1. when payable
W the fnpividuaI wines name appears as signar, the signature mist to
coa:tsxsigrxd by an actual signature; Or 2. when payable fn an amount of
$5,000 or greater the Treasurer's signature most be cwntexsigred and at
least ens of the signatuxrs Post be actual.
Ton said Cmco-Wxthevn Bank, N.A. shall b antitlsd W Inror arch 00
charge Nie corporation £or Such chaks, drafts or other orders,
regardless of by Moon or by Mat Deana the actual or purported facsimile
signature or signatures thereon may revs been affixed tne eon, if such
signature or signature resambls the facatmile specivers duly certified
wiN said Casco-Nrrthexn gsgc, N.A. by thea City Clerk of other official or
officer of the City of Bangor, subject to tte limitations rotas ahrve.
Tfi City of BLgor fULUEr ag[eBe to hold CBSCe-I'b[tharn BYIkr N.A.,
hemdess aM ieala:mifieci against any and all claids, liabilities and
ergrruoe incuaeC by than xesultfrg fen caRilianca With the regaset to
tx+or the fa -Simile signature(s). The City of Bangor further agrees that
the said fm Mswtlrssn BSNc, N.A. Will not be lieblm for else painent of
any, chsk signed by tie facsimile siyacux(a) Maher through
1naMaxtsrea or other civc:metenca.
This rvapdlutiow shall be binding upon the City of Bou g , its
assignees successors Orel legal representatives
IN CITY COUNCIL
June 14, 1993
Passed
A True Copy. Attest:
City Clerk
93-329
Assigned to councilor store, Tune 14, 1993
CITY OF BANGOR
(i1TLL) PWlbt,... _..__�eomti oa..for.aacsbou®. siq:atu�e .. ...............
By City CouuY N W Cily ofBa%w .
""LVED. TTW: Bank, N.A., as a d ignat¢tl dpwitoxy
for the City of Bangor, a mmicipal cvxpomtion osgmtized and the lame
of the State a Maine, be a is he eb' rsqu® ,
directed to honar c}alo, drafts or oder oabxs foe the paprent o£ xoney
drawn fn this corporation's name, including tl payable to the
irdlvidal order of my person or persona Mow none or ossa appsar
t1mvan as sigmrs thereof, Man bau:fng or PnTorting to baaz the
facsimile signatum of any of the folloea: : 0olon '➢irn c, Hicks,
Txa'aurer/Tax Collector as originator and enter Pdneffi A. Barrett, City
Manger or Robert W. F==, Bivector of am
aaont rassgatum according to the following limitations; 1. Man payable
W the individial Mose na m as signer, the signature mut be
camtexsigrei by an actual signature: or 2. Man payable in an ammnrt of
$5,000 or greater tie Tmumarer's Signadue amt be mmntaxsigad and at
lent ore of the signaturre mist ie actual.
Toe said CasmNorttam Bnek, N.A. Shall he entiUai to i and to
charge this corporation for such cFwcka, lofts or ot]mr �,
m9ardless of by Minn or by Mat means the actual or p 'ported facsimile
signature or sign vs ttsscon affirm theme, if such
signature or Signature msmdhle the facafmile apecimaa duly certifisi
with said Casco-NmtM1exn a Nc, N.A. byte City Clerk of oU r official or
officer of de City of Banpr, subjart to the limitatima notffi above.
The City of Bengon furttar agorae to bold Cascofbrtlem BVJc, N.A.,
Famdeae and frdemified againat any ani all claims, liabilities and
sxPanses inrused by the resulting fxan mi{ li with t m t to
Ignnr the £simile signature(s), IPS City of Barger£ Uac ogress that
the said Casco-tkdillettl B9nk, N.A. will not l ]Sable for the paywnt of
mry cMck signal by the facsfmfle signatum(s) Matlmr through
inadverterce or odor cizemwstancee.
This xesolutim Shull bs binding upon the City of Bangor, its
assignees suaessors and legal xeirzesanMives
93-339
R E S O L V E
IN CITY COUNCIL
June 14, 1993
Passed
l L_u0a Owf F0..
cxTY CLEEK