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Resolution 77-15459 RESOLUTION NO. 77-15459 A RESOLUTION AUTHORIZING CREATION AND MAINTENANCE OF AN IMPREST CHECKING ACCOUNT FOR THE CULTURAL AFFAIRS DIVISION WITH PAN AMERICAN BANK OF MIAMI BEACH. WHEREAS, the Accounting Division is writing an average of ten checks daily to pay for professional services (instructors, entertainers and other professionals) incurred by the Cultural Affairs Division and ninety percent of these checks range in amounts from $25 to $30 with approximately three or four of these checks written weekly in the amount of $200 each; and WHEREAS, the cost of handling these vouchers on a daily basis is about $25 per check and the processing of these checks usually disrupt the normal flow of documents , creating some inefficiency in the Division; and WHEREAS, in order to reduce the handling cost for the writing of these checks and improve the efficiency of the Division, the City Manager has recommended the creation of an "Imprest Checking Account for the Cultural Affairs Division" with the Pan American Bank of Miami Beach, in the amount of $3, 000 for the purpose of making payments for said professional services; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA, as follows : 1. An imprest checking account in the amount of $3 , 000 be established at the Pan American Bank of Miami Beach. 2 . That the four following employees be authorized to sign professional services checks and that two signatures be required on each check: (a) Joseph N. Sumrall (b) Horatio Montes De Oca (c) Louise Morlang (d) Marvin Rubin 3 . Either Mr. Sumrall or Mr. Montes De Oca must sign each check. The signatures of Mr. Rubin or Ms. Morlang, alone, is not sufficient. 4. That the maximum amount to be paid by such checks be $200. 00 5. That a full accounting be rendered by the Cultural Affairs Division each time reimburse- ment of the checking account is requested. 6. That checks be prepared in two record-keeping and auditing copies. PASSED and ADOPTED this 5th day of October , 1977. . f Mayor Attest: _ •L - City Cler OFFICE OF THE CITY ATTORNEY - 1130 WASHINGTON AVENUE - MIAMI BEACH, FLORIDA 33139 ORIGINAL RESOLUTION NO. 77-15459 (Authorizing creation and maintenance of an imprest checking account for the Cultural Affairs Division with Pan American Bank of Miami Beach)