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RESOLUTION 92-20548 RESOLUTION NO. 92-20548 A RESOLUTION PROVIDING AUTHORITY FOR THE SIGNING OF VOUCHERS DRAWN ON FUNDS IN THE CITY OF MIAMI BEACH DEPOSITORIES (RESCINDING RESOLUTION NO. 92-20474) BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH FLORIDA: SECTION 1: That on and after the 22nd day of July 1992, all withdrawals of funds from the City of Miami Beach accounts in City Depositories described as follows: SOUTHEAST BANK, N.A. Accounts "City of Miami Beach General Disbursement Account" designated: "City of Miami Beach General Depository Account" "City of Miami Beach Payroll Disbursing Account" "City of Miami Beach as Trustee for Convention Center Expansion Trust Account" "Trustee for the City of Miami Beach Parking Revenue Bonds Series 1988 - Debt Service Reserve" "Trustee for the City of Miami Beach Parking Revenue Bonds 1988 - Current Debt Service" SUN BANK/MIAMI, N.A. Accounts "City of Miami Beach Parking System Operation and designated: Maintenance Fund" "Sun Bank/Miami, National Association Custodial Agent for the City of Miami Beach" BARNETT BANK OF SOUTH FLORIDA, N.A. Accounts "City of Miami Beach - Meter Account" designated: "City of Miami Beach Firemen's Relief and Pension Fund" JEFFERSON NATIONAL BANK OF MIAMI BEACH Accounts "City of Miami Beach Resort Tax Fund Account" designated: "City of Miami Beach Legal Imprest Account" INTERCONTINENTAL BANK Accounts "Risk Management Service Inc. Workmen's Comp. Claims designated: for the City of Miami Beach" NCNB NATIONAL BANK OF FLORIDA Accounts "City of Miami Beach Community Development Program designated: Fund" "City of Miami Beach Rental Rehabilitation Program" "City of Miami Beach Convention Center Trust Account" "City of Miami Beach Recreation Division Imprest Account" THE CITIZENS AND SOUTHERN NATIONAL BANK OF FLORIDA Accounts "Retirement System for Gneral Employees of the City designated: of Miami Beach - Operating Account" "Retirement System for Unclassified Employees and Elected Officials of the City of Miami Beach - Operating Account" "City Pension Fund for Firemen and Policemen in the City of Miami Beach - Operating Account" "City Supplemental Pension Fund for Firemen and Policemen in the City of Miami Beach - Operating Account" C & S SOVRAN TRUST COMPANY Accounts "Retirment System for General Employees of the City of designated: Miami Beach - Trust Account" "Retirement System for Unclassified Employees and Elected Officials of the City of Miami Beach - Trust Account" "City Pension Fund for Firemen and Policemen in the City of Miami Beach - Trust Account" "City Supplemental Pension Fund for Firemen and Policemen in the City of Miami Beach - Trust Account" CITY NATIONAL BANK Account "City of Miami Beach - HOME Investment Partnership" Designated: shall be upon official vouchers duly prepared and bearing the various designations as given above, each bearing two signatures as follows: By Y R. J. NACHLINGER, as Finance Director, or in his absence or inability to act for any reason By // AOP ROBER . SPINNEY, as Assi t nt Finance Director or in his absence or inability to act for any reason By * cit,\ - C --- RICHARD E. BROWN, as City Clerk: COUNTERSIGNED By 4(114/L/611X- ---::- ROGER M. CARLTON, as City Manager, or in his absence or inability to act for any reason By 1 CAR' i BERNABEI ..LARICO, as A s's►ant lity Manager, or in her absence or inability t ct any r-. ••n fr By y STUART ROGE ., as Assista City Manager With the further provision as to the accounts carried in Southeast Bank, N.A. designated "City of Miami Beach General Disbursement Account", City of Miami Beach General Depository Account", "City of Miami Beach Payroll Disbursing Account", "City of Miami Beach as Trustee for Convention Center Expansion Trust Account", "Trustee for the City of Miami Beach Parking Revenue Bonds Series 1988 - Debt Service Reserve" and "Trustee for the City of Miami Beach Parking Revenue Bonds 1988 - Current Debt Service", withdrawals of funds from which shall be on printed checks, each bearing two signatures as above set forth, or bearing the signature consisting of the background and other identifying symbols and facsimile signatures as are imprinted on the sample check attached hereto and made a part thereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. • And with the further provision as to the accounts carried in Sun Bank/ Miami,N.A. designated "City of Miami Beach Parking System Operation and Maintenance Fund", "Sun Bank/Miami, National Association Custodial Agent for the City of Miami Beach" withdrawals from which shall be on printed checks, each bearing two signatures as above set forth, or bearing the signatures consisting of the background and other identifying symbols and facsimile signatures as are imprinted on the sample checks attached hereto and made a part hereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. And with the further provision as to the accounts carried in the Barnett Bank of South Florida, N.A. , designated "City of Miami Beach - Meter Account", "City of Miami Beach Firemen's Relief and Pension Fund", withdrawals from which shall be on printed checks each bearing two signatures as above set forth, or bearing the signature consisting of the background and other identifying symbols and facsimile signatures, as are imprinted on the sample check attached hereto and made a part hereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. And with the further provision as to the accounts carried in the Intercontinental Bank, designated City of Miami Beach Social Service General Assistance Account", "Risk Management Service Inc. Workmen's Comp. Claims for City of Miami Beach", withdrawals of funds from which shall be on printed checks designated each bearing two signatures as above set forth or bearing the signatures consisting of the background on the sample check attached hereto and made a part hereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. And with the further provision as to the accounts carried in the Jefferson National Bank of Miami Beach, designated "City of Miami Beach Resort Tax Fund Account" and "City of Miami Beach Legal Imprest Account", withdrawals of funds from which shall be on printed checks, each bearing two signatures as above set forth, or bearing the signature consisting of the background and other identifying symbols and facsimile signatures as are imprinted on the sample check attached hereto and made a part hereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. And with the further provision as to the accounts carried in the NCNB National Bank of Florida, designated "City of Miami Beach Community Development Program Fund", "City of Miami Beach Rental Rehabilitation Program", "City of Miami Beach Convention Center Trust Account", and "City of Miami Beach Recreation Division Imprest Account", withdrawals of funds from which shall be on printed checks designated each bearing two signatures as above set forth; or bearing the signature consisting of the background and other identifying symbols and facsimile signatures as are imprinted on the sample check attached hereto and made a part thereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. And with further provision as to the accounts carried in The Citizens and Southern National Bank of Florida designated "Retirement Systems for General Employees of the City of Miami Beach - Operating Account", "Retirement System for Unclassified Employees and Elected Officials of the City of Miami Beach- Operating Account", "City Pension Fund for Firemen and Policemen in the City of Miami Beach - Operating Account", "City Supplemental Pension Fund for Firemen and Policemen in the City of Miami Beach - Operating Account",withdrawals of funds from which shall be on printed checks each bearing two signatures as above set forth; or bearing the signatures consisting of the background and other identifying symbols and facimile signatures as are imprinted on the sample check attached hereto and made a part thereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. . i And with further provision as to the accounts carried in C & S Sovran Trust Company designated "Retirement System for General Employees of the City of Miami Beach - Trust Account", Retirement System for Unclassified Employees and Elected Officials of the City of Miami Beach - Trust Account", "City Pension Fund for Firemen and Policement in the City of Miami Beach - Trust Account", "City Supplemental Pension fund for Firemen and Policemen in the City of Miami Beach- Trust Account", withdrawals of funds from which shall be on printed checks each bearing two signatures as above set forth; or bearing the signatures consisting of the background and other identifying symbols and facimile signatures as are imprinted on the sample check attached hereto and made a part thereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. And with further provision as to the accounts carried in City National Bank designated "City of Miami Beach - HOME Investment Partnership, withdrawals of funds from which shall be on printed checks each bearing two signatures as above set forth; or bearing the signatures consisting of the background and other identifying symbols and facimile signatures as are imprinted on the sample check attached hereto and made a part thereof; and the Finance Director is hereby authorized to use said signatures in connection with said accounts. SECTION 2: That said SOUTHEAST BANK, N.A. , INTERCONTINENTAL BANK, SUN BANK/ MIAMI, N.A. , JEFFERSON NATIONAL BANK OF MIAMI BEACH, BARNETT BANK OF SOUTH FLORIDA, N.A. , NCNB NATIONAL BANK OF FLORIDA, THE CITIZENS AND SOUTHERN NATIONAL BANK OF FLORIDA, C & S - SOVRAN TRUST COMPANY and CITY NATIONAL BANK are hereby authorized and requested to accept, honor and pay without further inquiry, and until delivery to it of written notice of the revocation of the authority hereby granted, all checks and other orders for the payment or withdrawal of money deposited with said banks in the name of said City of Miami Beach, including checks drawn to the individual order of the officers signing same and including also all such instruments payable or endorsed to the order of the City of Miami Beach, when such checks or other orders for money shall be signed or endorsed in the name of the City of Miami Beach by its officers hereinbefore named. SECTION 3: That Resolution No. 92-20474 adopted on the 1st day of October 1991, be and the same is hereby rescinded and that al other resolutions or parts of resolution in conflict herewith be and the same a - hereby repealed. PASSED AND ADOPTED this 22nd day of J, y, 1992. lilk A if IP ,,ayo Attest: --,-) ' ' k,,,,,,,a,„L (GI 4 ---4.-iv,67., ►iRM APPROVED ot 1 LEG DEPT. City Clerk /24ay Y Date 7'2 /f2 • i r CITY OF MIAMI " BEACH Apo 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. - 2 DATE: July 22, 1992 TO: Mayor Seymour Gelber and Members of the City Commission FROM: Roger M. C. I o City Manage IA.' SUBJECT: AUTHORIZATION FOR THE SIGNING OF VOUCHERS DRAWN ON FUNDS IN THE CITY OF MIAMI BEACH DEPOSITORIES ADMINISTRATION RECOMMENDATION: The Administration recommends that the City Commission approve the authorization for the signing of vouchers drawn on funds in the City of Miami Beach Depositories and adding City National Bank as an authorized depository. BACKGROUND: The attached resolution is periodically updated, as required, due to change in authorized signers or addition/deletion of City depositories. The current resolution adds two City bank accounts. The first ct additi: : , "Sun Bank/Miami, National Association Custodial Agent for the City of Miami Beach," has been utilized for many years but was omitted in error from previous resolutions. The second addition, "City of Miami Beach - HOME Investment Partnership" is a new account required to service a new City entitlement program sponsored by the U.S. Department of Housing and Urban Development. ANALYSIS: Selection of a depository for the new HUD Program should be based on location of said depository in the area most likely to benefit from in the new program. CONCLUSION: After reviewing a list of qualified depositories in the City of Miami Beach it was decided that City National Bank at 71st Street best meets the location criteria. RMC:RJN:sw 1 AGENDA ITEM Cr` DATE 2 72 l � V 4 Facsimile ,7 11::;;;;;;;;;;:mmima RIGINAL RESOLUTION NO. 92-20548 Authorizing for the signing of vouchers drawn on funds in the City of Miami Beach depositories (rescinding Resolution No. 92-20474)