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RESOLUTION 93-20714 T , RESOLUTION NO. 93-20714 A RESOLUTION PROVIDING AUTHORITY TO ESTA3LISH A BANK ACCOUNT WITH THE MIAMI BEACH HOJSIHG AUTHORITY AT BARNETT BANK OF SOUTH FLORIDA, N.A. , ' TILED "CITY OF MIAMI BEACH/MIAMI BEACH HUUSINC :AUTHORITY BENEFIT FUND ACCOUNT" AND TO EXECUTE VOUCHERS ON THIS ACCOUNT REQUIRING TWO SIGNATURES; ONE FROM THE CITY AND ONE FROM THE HOUSING AUTHORITY BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA: SECTION 1 : That on and after the 3rd day of February 1993, all withdrawals offunds from the City of Miami Beach/Miami Beach Housing Authority Account described as follows: BARNETT BANK OF SOUTH FLORIDA Account designated: "City of Miami Beach/Miami Beach Housing Authority Benefit 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 the Authority as follows: CITY OF MIAMI BEACH Byif 4, (AA„. ROGER M. CARLTON, as City Manager, or in his absence or inability to act for any r ason e-ems''• D COX, as Senior Assistdnt City Manager, or in }iis absence or inab' 'ty to act ft any reason 114re57 1( "STU T ROGEL, as Assistant City Manager MIAMI BE 4 H HO ' . = i-HOR BY .. MUR' /GILMAN, Exec eve D'rector, or in his absence or inat ' 1't to ac f• y -ason ,or / ///// / SWARD GALBUT, C airman, or in his absence or ina.i ity to act for any reason By 1 / y' at r..t HARRY MILDNEW Vice-Chairman c ,�' PASSED and ADOPTED this 3rd 4f of February , 193 0, MAYOR ATTEST: / TACL:A."4A c-4? .--_ FORM A 'RO iED CITY CLERK LES-; I "T. By ae,A^ cie Dat: � W I 2 f3 • • 4 . CITY OF 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. i _q3 TO: Mayor Seymour Gelber and DATE: February 3, 1993 Members of the City Commission FROM: Roger M. Cart City Manage (,�; v v,r t.—SUBJECT: AUTHORIZATION TO ESTABLISH A BANK ACCOUNT WITH THE MIAMI BEACH HOUSING AUTHORITY AT BARNETT BANK OF SOUTH FLORIDA, N.A. , TITLED "CITY OF MIAMI BEACH/ MIAMI BEACH HOUSING AUTHORITY BENEFIT FUND ACCOUNT" AND TO EXECUTE VOUCHERS ON THIS ACCOUNT REQUIRING TWO SIGNATURES; ONE FROM THE CITY AND ONE FROM THE HOUSING AUTHORITY ADMINISTRATION 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. BACKGROUND: The City has reached an understanding with the Housing Authority for the Housing Authority to provide matching funds for Fiscal 1992/1993 for specified "quality of life" projects. ANALYSIS Establishment of a bank account with authorized signatures is necessary to move ahead with the "Benefit Fund" concept between the City and the Housing Authority. 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 matching funds pursuant to the memo of understanding between the City and Housing Authority. RMC:RJN:zg 46 AGENDA ITEM DATE *./1\1V11N£1L 111* RESOLUTION NO. 93-20714 Providing authority to establish a bank account with the Miami Beach Housing Authority at Barnett Bank of Southo Florida, N.A. , titled "City of Miami Beach/Miami Beach Housing Authority Benefit Fund Account" and to execute vouchers on this account requiring two signatures; one from the City and one from the Housing Authority. , CI°fed 402, a.