HomeMy WebLinkAboutResolutions - No. 2017-54NOW, THEREFORE, BE lT RESOLVED that the Lodi City Council does hereby
authorize the Deputy City Manager/lnternal Services Director, Andrew Keys, to act as a signer
on City of Lodi bank accounts with Farmers and Merchants Bank; and
BE lT FURTHER RESOLVED that the City Council further authorizes the City Manager,
Stephen Schwabauer; the Deputy City Manager/lnternal Services Director, Andrew Keys; and
the Supervising Budget Analyst, Susan Bjork, to execute Exhibit A (Corporate Authorization
Resolution¡ anã fxhibit B (Electronic Transfer Corporate Resolution) attached hereto on behalf
of the City of Lodi.
RESOLUTION NO. 2017-54
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING THE DEPUTY CITY MANAGER/INTERNAL
SERVICES DIRECTOR AS A SIGNER ON CITY OF LODI
FARMERS & MERCHANTS BANK ACCOUNTS
Dated: April5,2017
I hereby certify that Resolution No. 2017-54 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held April 5,2017, by the following vote:
AYES: COUNCIL MEMBERS - Chandler, Johnson, Mounce, and Mayor Kuehne
NOES: COUNCIL MEMBERS - None
ABSENT: COUNCIL MEMBERS - Nakanishi
ABSTAIN: COUNCIL MEMBERS - None
^Yn,Tl',*-,4
NIFE FERRAIOLO
Clerk
2017-54
E,qþ¡tßtî A
CORPORATE AUTHORIZATI ON RESO LUTICIN
IÀR¡IFRS & MERCHñ{?$ I¡ANI( OT' C}ÏNTIèAL CA Ey¡ CÍTy OF LOD.[
pc) BoÌ( 3000 p o Box 3006
LODI. CA 9524I-1902 LOÞI Ci\ 95241
Roforrncl to ln lhi$ documont s$ "Flnånclal ln$tltudon"Rofèr/ed to ìn this d0cunrent at "Corporotk¡n"
¡,.IIINNTFBR Ii'ËIIRAI;OTO , oelt¡fy lhûl I anr Soorutary {clsrkl of the ¿bovo n0mod êorporotlon orgarrizod un(tol th{t l¡ws Òl
C}\f,IFORNIA , Focjorol Employør l,D. Numbar 94 -6000361 0ñgûge(I ¡n businû3e under thð trade nsmo ol
CTTY OF LOD]:and that tho rosoh,¡tíons on thle document flrô íl corl0ot c.rtly of lho r(,sÕlution$
udoplocl ¿¡t a m6ðt¡ng of the Board of D¡¡êctor$ of ths Corporütlon duly and proporly callsd snd hold ûn. .- , -" **--^ {datsl'
"l'h0so rrïsilluiion6 âpfJetlr in rhê minr¡to$ ol th¡s rn6otin(} ând havs not bnetl ¡âgcindarl or modiliocl.
ACENf S Anv Aüqnt listë(l bslow, sublecl ta sfry wrltton lhnltätlons, lâ fruthor|zod tl¡ Ðxerc¡se rho powers gft¡ntgd (s in(|icstsd t¡6lowi
N¿lne *ntl f ftlo {rr Posltlûtì Signaturo Flcrìiûì¡lt Signeturo
{it usod}
I}J'IiìPIIÍIN $CHW'ABJLUER MAT\tr¡{GER
ß,
C.
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E.
SU$AN BJÔTTK BUD68T ANA¡YST
/\NDRËW KEYS DDÞ CTTY IÑT SVC DTR
X
X
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X
X
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X
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X
X
POWSRS GRANTED (Attflch ùnû ûr m0rs Aüents to uach powor by plackrg llìq l¡rttor oorrosp<rnding 1ü their nàflu! iil ths ßrea before each polvat
Follor,r¡ing o¡ch powor ìndicslê tho numllrrr ol Agqnt signatulss requlred (0 Bxerclse tho f¡owor')
lnd¡oi:rt$ A, B, C, Ê¿rsc¡iption of Powe¡
D, E, ond/or F
-,."ry¡!-"--.","-.--,- (1) Éxerci.qe r,ìl ot lha power$ l¡slðd in th¡5 resolutfon'
ÄBCi (2) Opon any rleÞosit ûr shûte aÒcount(sl ¡rt the nðtl6 of tho Corporation'
¡J;ìC (3ì Ënclorse chBcks ánd {rrrjors lo¡1hE pûvmsnt of moneg or otlltsrwì$e w¡thdrüw or lraiìBler luntls ort deposíl
wiÌh lll¡s Fln¿ncial lñetitul¡on.
(41 Borrow monÞy on hohulf ând ln thB ñflme 0t the Co.poradorì, sign, rlxsoutt nnd doliver frromi$sùry notos
cr oihnr svfdünoos of indohtodneç¡,
(5) Ênr¡otsc, sss¡gn, lransfel¡ fitortgagÒ or plrldçlo [¡¡ll$ rs{leivsblo, w¿ü'BhousÈ rocâipts, trllls of lá!dhìq], stock$,
þt¡ncls, renl ôË1âto or othcli proporiy nor¡/ ownêd or hûr0ôlter owrìed or ncquirad by the Corporaticn os
sgcurl1y lqr $um.s bo.rowed, nnd ta digcorJrìt rho sârìe, unconilitionully gunränteÕ paytnflnl o{ all trille
rsceived, nsüot¡flt{rd or di$cour]tâd ond (o woivo den¡onrl, pre$orìrrìonl, profe$t, notice of protest and
¡¡otir:e of nrJn-PoYment,
rVA
NA
- èPC .. . -"- {lJ, Ënter into å ulrltton le4so forths purporio ol r$nlirtg, rrì¡riotúining. ¿roc$$sin6 0nd tsrmlnflrln$ a S¿le
DcpoBili Box írì lhis Fhtsncl¿ìl kìåtllutlon,
lnçlk;sle number ol
6ignütureû tôquirðfl
L
l-
1
LlMll'AftoNS ON POWÉRS Tho fnilowing s16 (hd Corporetlon's sxproc$ lk¡itâlions on lho powêrs qrtntorJ undor tlìi8 rqÉolution'
**
C6RTIFICATION OF AU'TTIORITY
lhê $¿r-no, fApply sool br¿lr¡w wlroro npproprittto.)
Õf ttìo CorForätlon 0n ldotel.
ffiì-tını oituf orîl;oi*-* *--- ---*---s"nïior¡iv - ' -
f ,iylitJ¡Ì:.fI Gì lûtllr. l$97 ltír¡k¿rr{ tìyornrr$, ,n!', 51' ¡:\trlll, Ml'l li)ftr C^'l 5/lr)00t lpryÖ 1 ol ;¿l
n* 611812008 (Resolution No.2008-1061,01t0712009 (Resolution No' 2009'03' and
0511912010 (Resolution No. 2010'66).Âpprovcd âs tofoml
RESOLUTIONS
The Corporation narned qn thís rs$olutlon tøsolv6s thât,
(llThe Fínancial,nttltutlon is desfgnated as ã dêposlto¡y fÕr tho funds of thê Corporãtiôn and to f,aovlds otlìsf fln¡nolal accommodotions indlcâtod in
th¡s resolutíon,
(21 Thls ¡osolt¡tlon shall contlnus to havs {rffôôt unt¡l ôxpr0sB wriìton notics of tts rssc¡ssion or rnodifìcatìon has been ¡ocElvEd and racordod by the
Fjnårlclsl ln6tltulion, Any ¡nd oll prior roËolutlons adopt€d by th6 Bo¿rçl of DirsctÕ¡s of the CorFomtlon and csnlfled to thã Finånciðl lnstitution qs
govårning tha operation of lh¡s corporation's account(sl, sr6 ¡n,full forcc and èifâ€t, untll ths Flnrncb¡ lnstitution rsceives ãnd Bcknowlgdge6 Ðn
exp.6ss w{¡11êo notic€ of ils revooðt¡on, modillcatlon or replâcement, Any revocal,on, modlfloatìon or roplacement of a tggolution must ba
aocompanisd by documÉntıtìon. $otiefsctory to thô Financlãl ln6tìtutlon, êslsbllshlng th€ authgrlry for the changes,
{3ì Ths s¡gntìure of an Agenì an thlt re8olut¡on ia conoluslvç svldonrÊ of thåir åuthority tÞ åct on behâlf ot thg Corporâtion, Any Agont, ro long ae
thsy Ect in ã teprs¡ent¿live cap¡city ¡s 0n A0sñt ôt tha Corpoiation, ls éuthorhed to mãko rny ond alt othór cont¡¡rcts, âgrès.nenÎg, stipulationr ûnd
orders whloh they r¡ay deem advisablt for the etfoctlve exercise ot thÊ powers lnd¡cstsd on pãge ono, lrom tlmo to t¡me wlth ths Fln¡nciEl
lnstltutìon, oub,lacr to snv rsstrictions on this r€golullon oaotlìerwlse tgraed to ln wrlting.
(4) All r¡drì6ãıtions, if any, wirh respoct to ony dÊporlts, wlthdlewals, rsdlsoountE ãnd botrowlng6 by oJ on boh0lf of thâ Corpôration with thq Flnoncial
lnstitutíon prior to the €dop¡ion of thls ro$olutlon ¿rø hereby ratltled, approvðd ond confirmâd.
{5) The Corporarlon agraes lo the terms anrl cond¡ilons of any account ıgresrnont, propqfly opsned by any Âgent of tho Corpor¡tion, The Corporatlon
autho¡'l¿€s thË Finâncisl lnstltutlðn, st sny tims, to ohargê thts Cofporstion for ðll checks, dr¿fts, o¡ other ordors, tor the pâymånt ol monay, thar arg
drawn on tha Finanoisl lnotitution, so long ss thev conta¡n the required nurnb€r of signBtures tot thiå purpose,
{6)'l"he Corporation aoknowlodgos and agreas lhat the tlnancial lnst,tutlon mûV furnlsh at ¡ts disÕretion ôutofilôted access devioeg to AgentB 0f thâ
Corporation to facil¡lals tho6n powors åuthorlzsd by thls resolutlon or other resolutiong in eflect Êt thg t;mq of lssuenco, The tarm "¡utom¿ted
aocess dcvlce" includos, but ls not lknit6d to, credit cards¡ fiutomaled teller mschlnes |ATM), and dsblt cå¡ds,
{7}Tha Cotporation aoknowledges ¡nd sgrBeB thst the Flnaneial lnsÌitutìon mây rolv on olternallve r¡gnâturo and veriflo¡tion aod€s í6suod to or
obtaln6d trom th6 Agant namad on this re6olutlqn, Ths term "sltêrûatlvs slgnsturê and verlflcation codeç" includas, but ls not limìtsd to, focslmllo
signatures on file with the Fin¡ncial lñstitutlon, personal ldent¡llcrtioñ nurnbers {PlNl, nnd dlg¡tsl signatures. tf s f6csimilô iign6ture speÉimcñ hãs
been ptovlded on thls resoìution. {or that srs tilsd sspâratêly by thû Côrfrorâtíofl with the Financlal lnst¡tutioñ from time tó timÊ) thô Financfal
lnstitutlon le authorized to trsat tho fscsimile slgnoture ãs thê slgnûrurô of ths Agêntls) rêgqrdlâes of by whom or by what maans the fåosimlls
gignðturo msy havs beon åfl¡xed so long ss it ressmblos the tacçlmils slgnnturg apaclmen on flle, The Corporation åuïhorlzos osch Agenl to h€vo
cu3tÖdY ùf thð Corporätion's private key used to croÊto ô d¡gital signatur6 and to requsst lssuârrcs of a cerliflcate lletlng lho 0orospondlng publlc
köy. Tho Financial lnstitutíon shall hove no responslbìlity or llåbíJlty fqr unrulhori¿ed uls of ålrcrnåtlvo s¡gnature and vorlflcation codÉ.s unlÊss
athÈrwiıe agroed in writing.
Parrn.sylvania. ThÊ desi0nstlorì of un Agent does not creåto a powor of ôttotney; thetefofer Agents å¡g no( subiect to tho provlsion€ of ?0 Pa.C,S.A,
Soct¡on 5601 út ssq. (Chaptsr 56; Þeosdents, Estatês ¿nd Fiducia¡ios Côd6, unlê6é the Bgency was cra¡ted bv ã ,sðpdratê powor of âtiornay, Añy
provlsion thal a6sígns Ëlnanclal lnstilution tlghts to act on behalf of ány psrson or entity is not subject to the provi$ions of 20 Fâ,C,8.4, Sectlon 5601
et seq, (Ch¡ptor 56; Ðscedonls, gstotos ond Fiduciðrfos Cod6r,
Acknowledged and rocelved on
Cömmênt,Bi
FOR FINANCIAL INSTIÏUTION USE ONLY
(da¡elby-(¡nlt|â|s)fJThIsre3olutlonissupersotlotlbyresoluliond0tsd-'
[k/ííã;t{l o I 9{t5, 1997 F0¡l,r€r3 gvðrsm6, lnc,, gr, cloud, rvlN For.¡ cA'l s/112003
Appnovnril ns ü0 flrrm
Í$age 2 ol 21
ËXHIBIî B
F&ruI BANK
ELnCTII() N t C'l"ltÄ N$FIlIt C() R P() t{Ä'rE lltts{)l., uT ION
I, Àndrew Kcys
a tor¡:etraliorr r.rrganieed uncler tlre hws ollhe
, hcreby cutil'y that the fblk:wirlg is a full ancl true copy ol a
reso¡ttion acloplett at a meeting of the Bc¡arcl oliÐireetors olsaicl Conrpany, duly held Ön the --fl1- *
lt)r'y)
clay of April" 2017
(ivfontIJYcar)
lrl"qç-l¡:p¡-i-c-Ir4ns&¡:-ßere.brliqå
"t{HSOt.VnD, that iß:Y-l!ry-l
(Nttntc)
is lrereby ar"rthot'iz-ecl to malte,
oxeÇrrtç anclapprove on bchalf of this Company, any and allclocüonic t¡ansfst sonltacts ancllo
execute and äp¡:r,ovc orr l¡ehalf r:f tltis Conpnny, ofhet'instrrtntents, â part of ol' inciclent tt¡ such
contracts; ellective ruriil otlterwise orclered hy tþe Boarci ol'Directors."
ANt) I IX) lÍUl{'fj.][iR C'ERTIFY that thc ¿rbove rcsolutiott h*s trot heen in ¿ìny w¿¡y lhcrecl, umencled
ol repenlec'|, ancl is norv in iirll I'orce nlrd efÏ'ect,
IN WflNDSS Wf t[iRF)OF, I lt¿lvc heretlnto sc{. nry lrancl.
QlnQLly
('lílk )
!!sY!lilqìr]al Svc Dircstot
{Nrìlnc}
ot' . _City_ ofll.r:di".
f NrtrrH:.rl Çoqrarl(itrni
State ol' (.lalitìlrnia
f of'L,ocli this 5-tbrv)"dru, c, f"" 4:l$rA0 j-l*_-_.
"
ii\4orrthlYcÍr)
( S iglnrurûl
lrônnels & N4erohants fl¡uk ol'Oc¡rn'iti Cialif?r¡rlia - (llllliclcnlìttl
Approvrd s¡ üo form
tj¡.rrlatcrl 0?,12017