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HomeMy WebLinkAboutResolutions - No. 2018-76RESOLUTION NO. 2018-76 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING SPECIFIC STAFF MEMBERS OF YORK RISK SERVICES GROUP, INC., AS SIGNERS ON THE CITY OF LODI / WORKERS COMPENSATION CLAIMS MANAGEMENT ACCOUNT AND FURTHER AUTHORIZING THE CITY MANAGER TO UPDATE YORK RISK SERVICES GROUP, INC., SIGNERS TO THE ACCOUNT AS NEEDED WHEREAS, the City of Lodi maintains an account at Farmers and Merchants Bank that is used by the City's workers compensation third -party claims administrator to make claim payments to physicians, medical service providers, injured employees, and other parties active in the workers compensation arena; and WHEREAS, York Risk Services Group, Inc., signers need to be updated on the account from time to time. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager, Stephen Schwabauer, to execute Exhibit A (Corporate Authorization Resolution) authorizing those individuals listed, as signers on the City of Lodi / Workers Compensation Claims Management Account, and Exhibit B (Facsimile Signature Agreement) attached hereto on behalf of the City of Lodi; and BE IT FURTHER RESOLVED that the Lodi City Council does hereby authorize the City Manager to update York Risk Services Group, Inc., signers to the account as needed. Dated: May 2, 2018 I hereby certify that Resolution No. 2018-76 was passed and adopted by the City Council of the City of Lodi in a regular meeting held May 2, 2018, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Kuehne, Mounce, and Mayor Nakanishi NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Johnson ABSTAIN: COUNCIL MEMBERS — None NIFER . FERRAIOLO City Clerk 2018-76 CORPORATE AUTHORIZATION RESOLUTION EXHIBIT A FARMERS & MERCHANTS BANK OF CENTRAL CA By: CITY OF LODI PO BOX 3000 P O BOX 3006 LODI, CA 95241-1902 LODI CA 95241 Referred to In this document as "Financial Institution" Referred to In this dooument as "Corporation" 1, certify that I am Secretary (clerk) of the above named corporation organized under the laws of CALIFORNIA Faderal Employer I.D. Number �- 54.6000351 engaged In business under the trade Hama of CITY OF LORI , and that the resolutions on this document are a correct copy of the reaclutlons adopted at a meeting of the Board of Directors of the Corporation duly and properly called and held on (date). These resolutions appear In the minutes of this meeting and have not been rescinded or modified. AGENTS Any Agent listed below, subject to any written limitations, is authorized to exercise the powers granted as Indicated below; Name and Title or Position Signature A, LEEANN OLSEN AUTHORIZED SIGNER x�___._ X B, SASWATA MUKHERJEE AUTHORIZED SIGNER X X C. ANGELA R BROCK AUTHORIZED SIGNER X X D. X X E. X X Facsimile Signature (If used) F. u X X POWERS GRANTED (Attach one or more Agents to each power by planing the letter corresponding to their name In the area before each power., Following each power indicate the number of Agent signatures required to exercise the power,) Indicate A, B, C, Description of Power D, �, end/or F Indicate number of signatures required NA _ (f) Exercise all of the powers listed In this resolution. ABCDEF - (2) Open any deposit or share account(s) In the name of the Corporation. ABCDEF (3) Endnrso chocks and orders for the payment of money or otherwise withdraw or transfer funds on deposit with this Financial Inntlrutlon. NA (4) Borrow money on behalf and In the name of the Corporation, sign, execute and deliver promissory notes or other evidences of Indebtedness. - - NA (5) Endorse, assign, transfer, mortgage or pledge bills receivable, warehouse receipts, bills of lading, stocks, bonds, real estate or other property now awned or hereafter owned or acquired by the Corporation as security for sums borrowed, and to discount the same, unconditionally guarantee payment of all bills received, negotiated or discounted and to waive demand, presentment, protest, notice of protest and notice of non-payment, ABCDEF (6) Ensor into a written lease for the purpose of renting, maintaining, accessing and terminating a Safe Doposit Box In this Financial Institution. NA (7) Other LIMITATIONS ON POWERS The following are the Corporation's express llmltatidna on the powers granted under this resolution, EFFECT ON PREVIOUS RESOLUTIONS This resolution supersedes resolution dated NA If not completed, all resolutions remain In effect. CERTIFICATION OF AUTHORITY i further rertlfy that the Board of Directors of the Corporation has, and at the timo of adoption Of this resolution had, full power and lawful authority to adopt the resolutions an page 2 and to ronfar the powers granted above to the persons named who have full power and lawful authority to exereiao the same. (Apply noel below where appropriate.) ©If checknd, the Corporation Is a nan-Pro flt corporation. In Witness Whereof, 1 have subscribed my name to this document and affixed the seal of the Corporation on (date). AitQst by One Other Officer Secretary M 0 1996, 1997 Bankers Systems, Inc., St. Cloud, MN Form CA -1 5/1/2003 (page r of 2) RESOLUTIONS The Corporation named on this resolution resolves that, (1) The Financial Institution Is designated as a depository for the funds of the Corporation and to provide other financial accommodations Indicated In this resolution. (2) This resolution shall continue to have effect until express written notice of Its rescission or modificatlon has been received and recorded by the Financial Institution. Any and all prior resolutions adopted by the Board of Directors of the Corporation and cortlflcd to the Flnanclel institution as governing the operation of this corporation's account(s), are In full force and effect, until the Financial Institution receives and acknowledges an express written notice of Its revocation, modification or replacement. Any revocation, modification or replacement of a resolutlon must be accompanied by documentation, satisfactory to the Financial Institution, establishing the authority for the changes. (3)The signature of an Agent on this resolutlon Is conclusive evidence of their authority to act on behalf of the Corporatlun. Any Agent, so long as t11ay act in a representative capacity as an Agent of ilia Corporation, Is authorized to make any and all other contracts, agreements, stipulations and orders which they may deem advisabla for the effective exercise of the powers indicated on page one, from time to time with the Financial Institution, subject to any restrictions on this resolutlon or otherwise agreed to In writing, (4) All transactions, If any, with respect to any deposits, withdrawals, rediscounts and borrowings by or on behalf of the Corporation with the Financial Institution prior to the adoption of this resolution are hereby ratified, approved and confirmed. (6) The Corporation agrees to the terms and conditions of any account agreement, properly opened by any Agent of the Corporation. The Corporation authorizes the Financial Institution, at any time, to charge the Corporation for ell chocks, drafts, or other orders, for the payment of money, that are drawn on the Financial Institution, so long as they contain the required number of signatures for this purpose. (6)The Corporation acknowledges and agrees that the Financial Institution may furnish at its discretion automated access devices to Agents of the Corporatlon to facilitate those powers authorized by this resolutlon or other resolutions In effect at the time of issuance. The term "automated access device" Includes, but Is not limited to, credit cards, automated tolier machines IATM), and debit cards. (7) The Corporatlon acknowledges slid agrees that the Flnanclal Institution may rely on alternative signature and verification codes Issued to or obtained from the Agent named on this resolutlon. The term "alternative signature and verification codes" Includes, but is not limited to, facsimile signatures on file with the Financial Institution, personal Identification numbers (PIN), and digital signatures. If a facsimile signature speclmen has been provided on this resolution, (or that are filed separately by the Corporation with the Financial Institution from time to time) the Financial Institution Is authorized to treat the facsimile signature as the signature of the Agent(s), regardless of by whom or by what means the facsimile signature may have been afflxod so long no It resembles the facsimile signature spacilllen on file, The Corporation authorizes each Agent to have custody of the Corporation's private key used to create a digital signature and to request Issuance of a certificate listing the corresponding public kay, The Financlal Institution shall have no responsibility or liability for unauthorized use of alternative signature and verification codes unless otherwise agreed in writing. Pennsylvania. The designation of an Agent does not create a power of attorney; therefore, Agents are not subject to the provisions of 20 Pa,C.S,A, Section 5601 et seq. (Chapter 56; Decedents, Estates and Fiduciaries Code) unless the agency was created by a separate power of attorney. Any provision that assigns Financial Institution rights to act on behalf of any person or entity Is not subject to the provisions of 20 Pa.C,S.A. Section 6601 et seq. (Chapter 66; Decedents, Estates and Fiduciaries Code). FOR FINANCIAL INSTITUTION USE ONLY Acknowledged and received on .. (date) by (initials) ❑ This resolution Is superseded by resolution dated Comments. j�fyM 0 1985, 1997 Bankers Syatems, Inc., St. Cloud, MN Form CA -1 5/1/2003 (page 2 of 2) F&MBANK EXHIBIT B Farmers & Merchants Bank of Central California FACSIMILE SIGNATURE AGREEMENT Agreement regarding Facsimile Signatures (Rubber Signature Stamps, etc.) Not for Instructions received through Facsimile Transmission such as through Facsimile (FAX) machine or telecopier. u to r/Account NaRe O -►r -9-Q C'S 24-1 Scr fi j 0-n ;�4 Acctn Account Number (s) 10010 I t 4 Ot Farmers & Merchants Bank of Central California ("Bank") and the Customer named above agree as follows: 1, Bank may honor checks or drafts for the payment of money drawn on Customer's above- described accounts when the Items bear or appear to bear the facsimile signature of any of the following persons: a Print Name Print Name Signature Signature -�'•-�� GIS, Facslmlle rAA+�c1n�d Facsimile Facsimile 2. Bank may honor and charge Customer for such items, regardless of by whom or by what means the actual or purported facsimile signature has been made, provided the facsimile signature resembles the signature, or the facsimile specimen, which Customer has filed with Bank. 3. All previous authorizations for the signing and honoring of checks, drafts or other orders for the payment of money drawn on Bank by Customer are continued in full force and effect. 4. Customer agrees to hold Bank harmless and Indemnify Bank from and agalnst any and all loss, cost, expense, including reasonable attorney's fees, resulting from Bank acting upon such authorization which Bank reasonably believes to have come from the customer. 5. Bank may terminate this agreement at anytime with or without cause or prior notice. Dated: 20_ By; Authorized Signature Title: Farmers & Merchants Bank of Central California —All Rights Reserved Confidential 6-2005 AUTHORIZATION By Public Aaency By signing below, you certify and agree that: The persons signing below are authorized officials of `�'op Namqi of PuEllc Agency and authorize the person signing on the Facsimile Signature Agreement to enter Into a Facsimile Signature Agreement with Farmers & Merchants Bank of Central California. 2. This Authorization is in addition to any other authorizatlon in effect and shall remain In force until Farmers & Merchants Bank of Central California receives a written notice of its revocation at each location where the accounts are maintained from the Legislative Body of this public agency. Irate By: lay: 1111111110 Farmers & Merchants Bank of Central Callfornla — All Rlghts Reserved 2 - Confldentlal 6-2005 0 YORK- Checklmage Facsimile Signature Approval Form SLACK INK ONLY PLEASE Client Name: Client Code: (Printed) Signer's Name: Sas M�ri,l�er ee (The signature should be inside the box below, not touching any lines- please scan at 600 dpl) Signature to be Used on Checks: Client's Authorization (Printed) Name: Date: Please send this completed original document to: York Risk Services Group, Inc. Attn: Tiffany Lambo P.O. Box 1700 Rancho Cucamonga, CA 91729