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1991-07-08 91-271 ORDER
11111 1,111 Data yVVJuly `2, 1991 Item No. 91-271 Authorizing Signatories - Community Development Item/Subject: Program-Escrow Responsible Department: Community Development Dept. Commentary: This Resolve would replace three of the four City personnel formerly authorized as signatories of the Community Development Program Escrow Account (the former Finance Director and City Treasurer have left City employment, the former Community Development Real Estate Officer has been transferred to Human Resources). 2 / M/arnnenl llttA Manager's Comments: LLA' city m.�.ag�. Aszacuted Information© Budget Approval: Legal Approval . cilysurdror Intr�umd! For %/�L� Passage - Page — of El First Reading ❑ Referral 91-271 Assigned to Councilor Praakel, July 8, 1991 CITY OF BANGOR (TUTEE.) P001be,. _ A th riz g Signatories Community Development By do C:[g Caused 0 d My ofBanp n RSSOLVMD. WHEREAS, the City of Bangor Community Development Residential Rehabilitation Loan Program Policies and Procedures approved and adopted by the City Council of the City of Bangor by passage of Council Order 82-229, as amended, require that all Loan funds be deposited in a City of Bangor Community Development Rehabilitation Escrow Account for disbursement as contract work progresses on rehabilitation projects on privately owned property; and WHEREAS, upon receipt of appropriate invoices for completed and approved work, the Community Development Division draws checks on the Rehabilitation Escrow Account payable jointly to the borrower and the appropriate payee; and WHISPERS, each check drawn on the Rehabilitation Escrow Account requires the signature of two (2) City staff; and WHEREAS, two formerly authorized City personnel have left City employment and one other has been transferred to another City Department: e NOW, THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT, until notified in writing to the contrary, Fleet Bank of Maine is authorized and directed to pay, certify, apply, or .otherwise honor and charge to the Now Business Checking Account Number 728-953-7 opened on September 12, 1988 and named 728-953-7, City of Bangor, Community Development Program -Escrow, without inquiry and without regard to the applica- tion of the proceeds thereof, checks, drafts, notes, bills of exchange, acceptances, undertakings and other instruments or orders for the payment, transfer or withdrawal of money for whatever purpose and to whomsoever payable, including those drawn to the individual order of a signer, and to recognize as valid all waivers of demand, protest and notice of protest or dishonor of any check, note, bill, draft or other instruments made, drawn or endorsed when signed, accepted or endorsed by any two (2) of the following: IN CITY COUNCIL July 8, 1991 Passed as Amended. Amended by adding the following towns to the list of Signatories Edward Barrett and Jahn Quartararo. A CIU(JLBRK 91-2]1 RESOLVE Authorizing Signatories - Community Development Program -Escrow gatja.� Rodney G. McKay Director Of COmmunity Development Kenneth R. Gibb Director of Community b Economic Development Stanley C. Moses Asst. Comunity Development Director Robert W. Farrar Director Of ANminiStration BE IT FURTHER RESOLVED THAT, until notified in writing to the contrary, Fleet Bank of Maine is authorized to accept and to act and rely upon any specimens of signatures of officers, or other persons, if any, authorized to sign which are furnished to the Bank. AND BE IT FORMER RESOLVED THAT, the City Clerk of the City of Bangor is hereby authorized and directed to furnish to Fleet Bank of Maine certification of City Council passage of this Resolve, and of specimens of signatures of the above authorized individuals. WL p�/ Page 1 of 2 /� l FlMtBenk CORPORATE RESOLUTIONS FOR OPENING AND MAINTAINING A DEPOSIT ACCOUNT FLEET BANK OF MINE ACCOUNT NUMBER Exchange street ONKp - Bangor, Maine City Council I HEREBY CERTIFY the the interiorIs a two copy of resolutions mooted by has Seard aFferatea M City of Bangor _ municipal C wrysration, u a mewing of aci� eta ycelled and we an July 8, 18 81 a each a 9uarum wes present and moiinop t commands,throughouat the same are Icommands,lone with the loco of the murder am bylaws of the Corporal and the 02 Nemof a we In full force and etM. RESOLVED. That do fnrmPotion open a droperaoxent or accoun s with FLEET BANK OF MAINE surd Appeal to be named: platen o Into balm names alas many wri ae are to be opened) t 728-95w3 -ofkinog CommunityDevelopment Pro z m—Escrow No 2. am all so W the dmetion o1 the owes spromiai in to MW sw3ending Remluton acting sings jointly as reasonpr itle , "A broad checking wwap al whommus wommary which ac oun(s) shell be named as the ank and such owners agree aM the to Bank is hereby desi mled As a depxbry of rho fnrpwetion aft authority to xupt at any lima or Ne credX M said a®unds) deposits W whomaoaver made of funds In whatever form and In whatever memo andomm. RESOLVED, that low duly notified In wflly d a Resolution tothe contrary, FLEET BANK OF MAINE Is auMm¢ed and demand 0 pay, panty, apply, or M arms honer antl chat to the ranunt a) withodmd by Ne nee whoodirw RemlWbn, wNMW Npulry,and effort water Its len the appeal W the pmmetla them, tetra, times urea, due of exchange, aaaptanus. bMpheme; and cher iratrumenb or aware for Me palm M. Irenarer or whimery l M money fou whatever purpose aW W wbmroever payable. adudbg those drawn to Ne lndiWEueleowada ether,and W mount as word of waimre0 moral pmkM and make of pulse or tlisMror of my More,note,bill, draft or rather Mrumant matle, drawn or arwmaed in the name of the Commoner, when signed, accepted to antl atl by. Name Two m 91gneWn Rodney G. McKay, Community Develop. Director Stanley C. Moses,Asst. Com. Dev. Director Kenneth R. Gibb. Cos. fi Econ. ➢irect4r lRcirmi A. Ba-arett, Cit$Manager ($peaty the manner which Mq are W alto as singly jointly, my two, or Campbell.) RESOLVLEEDD, mat until duly replied in wi N a Remlwon to the wMrery. F1EET BANK OF MAINE is enhanced W asttpt am Actc of tithe bananas an naeeMW cis or any cher mutase d WY nppoaaM oars 10the adhere ethe present and future offiW sign am act for this Cornwall which are furnished to the Bank by such S erma any other Wfur. mY. authorbed Wwmu my hand and the aciel said of the Corcoret. Nb _14 All- dayoflaic C . Citv Clerk a muco City of Barcor, Maine o (SEAL) COMimetl _ mer 'Iola mYNaY Nwltl b Gare! M tlw ueeury a auto raatllry [Rnr. a vuN awawry or mbar dA[x M aufWae m m eMa ti/ he alone Murder, WY muFiw mm = be award a mmol® Ime.. - , Pbs{Bank CORPORATE flESOLVTI0N5 FOR OPENING AND MAIMNNING A DEPOSIT ACCOUNT FILET BANK OF MAINE ACCOUNT NUMBER ExCTanoe Street Office Bangor, Maine City Council , HEREBY CEBTFY thN tM1e bppxm0 a e trve sues/ of remlulbna egopted Ey Illa6emtlaFBltcbm d 'C'[ f Ban ox Council ci0a1 mryanl'vm, slemeeting ole Beutllegtlry called and July 8, MH m he 9 r d which of the Or was quem that t a parody is he i ma came an m ward. ry with me provisions d ins charter and by laws of ma Corpoatbn and sun eaGl parody is my in lull Mce eM etted. RESOLVED. men tubconcentration elven a depoaft account or summary with FLEET BANK OF MAINE suck essential 10 ba named: (lent in lines Calyx man" d pay many ammays to are to be opened) t. 728-953-7, City of Bangor, Community Development Program -Escrow (Now Business Checking) rx and arezW to the dixntbn d Ne oXimn attended in the road succeeding Research acting alnply Kelly ffi IDerein pravid sea l chm ing azcwd(z) whenever necessary whkh swum(¢) shell W named e¢ the 6enk and such aware wine and Nat the Banc is hi dmignal as a depaaMry of this Generation with authority to aealrt at any tune far Na cmdh of see amount(¢) colo Y By wbmsoever mWa of funds In whatever tam aM In whenever manner endorsed RESOLVED, that until duty marked In writing of a RemNibn tothe contrary, FLEET BANK OF MINE is aulM1ejzed and dirtled N pay, may, seal or aitarvn¢e hour and dral to me mxunt(s) summered By the nerd rewording Resolution, without naly'ry and without regard W the socimion d the Wometls thereol, cherries, dmM, sums, Wls of lacha , aaeganca. untlerWings and other instruments or ones br the payor M, mender or widMrewal d on'" be hatever Wrpae and 10 wlnmsaver payable, including days drawn W the iMlwduall crew d a porter, and tore vain at xtivara d demand, fa tied andGeneration.of M1w slot dishonor hcavwof geL any endaan t, bill, dark or otMs inserme Me. As or indwaetl in the name ed ash Name n Title Seagram SomiBude-- John Quarteraro.an D�[tor Robert W. Farrar Director of Admin. (Sp nal Ne manner n week Ney are to man as all joIMY• any two, or odh"Now) RESOLVED. Nd unlit duly nomiad in wmit0 of a Resell to the matters, FLEET BANK OF MAINE Is light%mdutoid Lame d ad a the aniuc a of the Bmretary w any other Other s Mie Corporation as to the a d the prow oHkae ofthe Cwgral and to act aM rely upon any specimens dsignaruna d ofbare, or suer prem$, )rely, au CfBed to aqn and For for Nie Conceatim, which we Weekend b Ne Bank by such Bay or eny at dfiar. Www my hand And the offral seal d NIs 00enth 10/* day d19 C �— City Clerk, City of Bangor, Maine has d wuay oevv SEP ) cpmnm.a Irra p pry a flan nun Wm Yyu] M uW®r Saudi aa. H rvfi e v giver mm k summed am easier M Yin FLEUBNKOFMN Q•_, ' FLEFIBXNXOFMVXE N0w B09MIRMSS Ck. ,y City Of Bangor 9/13/88 ..a+w+rmramom+e. ev... Direc DirecComtor Dora D lrEctoICOn• ❑04W�4a Funeuaa o• NOW Buaf no�pF`x Ck. To City of Banaox rm Community Development PZOaram-Escrow m 73 Marlow Street Bangor, Maine 04401 8Bs .. a m.4� — 3L.m�w"wYwY°w�WY"'ffi5n" `�mwa uvmwovruw.aM�+a Bd asd a. Barrett ity Manager JOM.0uartararoinen. nir. Robert W. Farrar Dir. of A io mrLinda Goff ❑aaarµF j -