RESOLUTION 93-20839 .
RESOLUTION NO. 9 3-2 08 3 9
A RESOLUTION PROVIDING AUTHORITY TO ESTABLISH
A BANK ACCOUNT WITH SMG AT BARNETT BANK OF SOUTH
FLORIDA, N.A.,TITLED "CITY OF MIAMI BEACH/
SMG CO-PROMOTION FUND ACCOUNT" AND TO EXECUTE
VOUCHERS ON THIS ACCOUNT REQUIRING TWO
SIGNATURES; ONE FROM THE CITY AND ONE FROM
SMG
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA:
SECTION 1: That on and after the 14th day of July, 1993, all
withdrawals of funds from the City of Miami Beach/
SMG Co-Promotion Fund Account described as follows:
BARNETT BANK OF SOUTH FLORIDA, N.A.
Account designated: "City of Miami Beach/SMG
Co-Promotion Fund Account
shall be upon official vouchers duly prepared and bearing
the various designations as given above, each bearing
two signatures; one from the City and one from SMG
as follows:
CITY OF MIAMI B ACH
c
By , A- . A A
ROGER _. C A RLTON, as City Manager, or in his absence or
inability to act for any reason
By , .
Mayra D`az-Buttacavoli, Assistant City Manager
SMG
_.......aBy _ c./2
I--
Thom Connors, General Manager, or in his absence or
inability to act for any reason
By aw..f.......• ‘2
William C. Overfelt, Director of Finance
PASSED and ADOPTED this 14th day o I uly, 1993.
f P OP
Mayor
ATTEST:
FORM APPROVED` --1/,ir, E—Cg'115-ws..----
City LEGAL DEPT.
Clerk
By ... ....._4,j...- ,..._...........' ,
Date 4" SO 1
•
CITY 01= MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139
OFFICE OF THE CITY MANAGER TELEPHONE: (305) 673-7010
FAX: (305) 673-7782
COMMISSION MEMORANDUM NO. 3°7 L-93
TO: Mayor Seymour Gelber and DATE: July 14, 1993
Members of the City Commission
FROM: Roger M. Cartt•�' 4
City Manager I
SUBJECT: AUTHORIZATION TO ESTABLISH A BANK ACCOUNT WITH SMG
AT BARNETT BANK OF SOUTH FLORIDA, N.A.,TTTLED
"CITY OF MIAMI BEACH/SMG CO-PROMOTION FUND ACCOUNT"
AND TO EXECUTE VOUCHERS ON THIS ACCOUNT REQUIRING
TWO SIGNATURES; ONE FROM THE CITY AND ONE FROM SMG
pDMIIVISTRATION RECOMMENDATION:
The Administration recommends that the City Commission
approve the authorization to establish this bank account
and for the signing of vouchers drawn on funds in this
bank account.
The City has reached an understanding with SMG for SMG
to deposit $75,000.00 into this account for co-promotion
expenditures.
ANALYSIS
Establishment of a bank account with authorized signatures
is necessary to move ahead with the co-promotion fund
concept.
CONCLUSION;
A new resolution containing appropriate authorization to
establish the account and authorized signatures should
be adopted at this time to provide the necessary vehicle
for deposit and expenditure of co-promotion funds pursuant
to the understanding between the City arid SMG.
RMC:RJN:zg
J V
AGENDA
1 TEM R�� D
DATE 7-
I � "
ORIGINAL
RESOLUTION NO. 93-20839
Providing authority to establish a bank
account with SMG at Barnett Bank of South
Florida, N.A. .
110,
1 w