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213-95 RDA RESOLUTION NUMBER 213- 95 A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY AUTHORIZING SIGNATORIES TO EXECUTE VOUCHERS DRAWING UPON FUNDS IN THE MIAMI BEACH REDEVELOPMENT DEPOSITORY. WHEREAS, the Miami Beach Redevelopment Agency has established four accounts at Intercontinental Bank; and WHEREAS, the Mayor and City Commission wish to designate signatories who may execute vouchers in order to draw upon funds for the benefit of the Agency. NOW THEREFORE, BE IT RESOLVED by the Chairman and Members of the Miami Beach Redevelopment Agency: Section 1. That any two of the following specified individuals may execute an official, duly prepared voucher upon funds in any of the four specified accounts described in Section 2 below on deposit at Intercontinental Bank: a. Jose Garcia-Pedrosa, Executive Director; and/or b. Sergio Rodriguez, Deputy Director; and/or c. Harry S. Mavrogenes, Assistant Director; and/or d. Ruth Rubi, Administrative Secretary. Section 2. That the following four accounts are those established at Intercontinental Bank upon which any two of the above specified individuals may withdraw funds: i. South Pointe Redevelopment Checking Account, No. 90-02-0000-23 11. South Pointe Redevelopment Investment Account, No. 90-02-0000-36 111. City Center/Historic Convention Village Checking Account, No. 46-01-0080-50 iv. City Center/Historic Convention Village Investment Account, No. 81-00-0006-70 INTERCONTINENTAL BANK ACCOUNTS: A. South Pointe Redevelopment Checking Account, No. 90-02-0000-23 B. South Pointe Redevelopment Investment Account, No. 90-02-0000-36 C. City Center/Historic Convention Village Checking Account, No. 46-01-0080-50 D. City Center/Historic Convention Village Investment Account, No. 81-00-0006-70 duly prepared and bearing two Executive Director S riguez, Deputy Director ~_.</;;Y . - - - -~ ~rry S. MaVTogenes, Assistant Director ( ;;;2t-l '1?uL -. Ruth Rubi, Administrative Secretary EXHIBIT "A" Section 3. Section 4. Section 5. Section 6. That Intercontinental Bank is hereby authorized and requested to accept, honor and pay without further inquiry, and until delivery to it of written notice of any amendment of the authority hereby granted, all checks and other orders for the payment or withdrawal of money deposited with Intercontinental Bank in the name of the Miami Beach Redevelopment Agency, including checks drawn to the individual order of the officers so signing and including also all such instruments payable or endorsed to the order of the Miami Beach Redevelopment Agency, when such checks or other orders or money shall be signed or endorsed in the name of the Miami Beach Redevelopment Agency by its officers above named. That the above individuals shall execute a signature page concerning the accounts, attached hereto as Exhibi t II A II . That should the Agency wish to amend this Resolution by providing for one or more different individuals than those named above to act in the capacity of signatory, a Resolution to that effect with an appropriate signature page shall be filed with Intercontinental Bank. That any and all legislation, Number 204-95 in conflict repealed. including Resolution herewith be hereby PASSED AND ADOPTED 13th DAY OF ~ FORM APPROVED LEGAL DEPT. 'T~ By Date t) - ~. c;~. Miami Beach Redevelopment Agency 1700 Convention Center Drive Miami Beach, Florida 33139 Telephone: (305) 673-7193 Fax: (305) 673-7772 REDEVELOPMENT AGENCY MEMORANDUM NO. 95-51 (REVISED) September 13, 1995 TO: Chairman and Members of the Board of the Redevelopment Agency SUBJECT: AUTHORIZATION FOR SIGNING OF VOUCHERS D WN ON THE FUNDS IN THE MIAMI BEACH REDEVELOPMENT AGENCY BANK ACCOUNTS AT INTERCONTINENTAL BANK FROM: Jose Garcia-Pedrosa, Executive Director ADMINISTRATION RECOMMENDATION The Administration recommends that the Chairman and Members of the Board of the Redevelopment Agency authorize the execution. of the attached Resolution for the signing of vouchers drawn on funds in the Interconintental Bank accounts for South pointe and City Center/Historic Convention Village increment districts of the Miami Beach Redevelopment Agency. BACKGROUND The Resolution is periodically updated, as required. Due to changes in Agency Administration, updated signatures are required. ANALYSIS Current authorized signatures are required to be on file at Intercontinental Bank for all Agency bank accounts. Sergio Rodriguez, Deputy Director, and Ruth Rubi, Administrative Secretary, have been designated to sign, effective September 13, 1995. CONCLUSION A new Resolution containing appropriate authorized signatures should be executed by the Chairman and Secretary at this time to provide signature continuity on these accounts. S()lJJti V()I~ Vedevel()pment I)lstrict C::IIT C::1:~1:1 l:1edevel()pment I)lstrict 1a1'IDA ITEM 2-A , September 13, 1995