95-21751 Reso RESOLUTION NO. 95-21751
A RESOLUTION OF THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,
PROVIDING AUTHORITY FOR THE SIGNING OF
VOUCHERS DRAWN ON FUNDS IN THE CITY OF MIAMI
BEACH DEPOSITORIES AND RESCINDING RESOLUTION
NO. 95-21692
WHEREAS, the City of Miami Beach maintains Operating and Trust accounts at
various financial institutions; 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 City.
NOW THEREFORE, BE IT RESOLVED by the Mayor and City Commission of the
City of Miami Beach, Florida:
Section 1: That on and after the 11th day of October 1995, all withdrawal of funds from
the City of Miami Beach accounts in City Depositories described as follows:
a. FIRST UNION NATIONAL BANK OF FLORIDA
Accounts "City of Miami Beach as Trustee for Convention Center
designated Expansion Trust Account"
"City of Miami Beach Consent Decree 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"
"City of Miami Beach, Florida Tax Special Obligation
Bond (Pension Funding Project) Series 1994 - Cost
of Issuance Account"
"City of Miami Beach, Florida Tax Special Obligation
Bond (Pension Funding Project) Series 1994 - Debt
Service Reserve Account"
"City of Miami Beach, Florida Tax Special Obligation
Bond Pension Funding Project) Series 1994 - Interest
Account"
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"City of Miami Beach, Florida Tax Special Obligation
Bond (Pension Funding Project) Series 1994 -
Principal Account"
"City of Miami Beach, Florida Tax Special Obligation
Bond (Pension Funding Project) Series 1994 -
Redemption Account"
b. SUN BANK/MIAMI, N.A.
Account "City of Miami Beach General Disbursement Account"
designated "City of Miami Beach General Depository Account"
"City of Miami Beach Payroll Account"
"City of Miami Beach Liability Claims Account"
c. NATIONS BANK, N.A.
Account "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"
"Retirement System 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 Firefighters and
Police Officers in the City of Miami Beach - Operating
Account"
"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 Policemen in the
City of Miami Beach - Trust Account"
"City Supplement Pension Fund for Firefighters and
Police Officers in the City of Miami Beach - Trust
Account"
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d. CITY NATIONAL BANK
Account "City of Miami Beach - HOME Investment Partnership"
desig nated
e. BANKERS TRUST COMPANY
Accounts "City of Miami Beach Note Fund General Account- Basic
designated Payments"
"City of Miami Beach Note Fund General Account-Other
Than Basic Payments"
"City of Miami Beach Note Fund General Account -
Credit Facility Payments"
"City of Miami Beach Note Fund General Account- Initial
Interest Excess"
"City of Miami Beach - Project Fund"
"City of Miami Beach - Rebate Fund"
f. SUN BANK. N.A.
Account "Sun Bank, N.A. as Trustee for the City of Gulf Breeze
designated LocalGovernment Loan Program Floating Rate
Demand Revenue Bonds, 1985 (Miami Beach Loan
Fund)"
Section 2. That any two of the following specified individuals may execute an official
duly prepared voucher bearing the various designations as given above,
each bearing two signatures as follows:
a. R. J. NACHLINGER, as Finance Director, or
b. ROBERT W. SPINNEY, as Assistant Finance Director, or
c. JACK LUBIN as Interim City Clerk:
COUNTERSIGNED
a. JOSE GARCIA-PEDROSA, as City Manager, or
b. SERGIO RODRIGUEZ, Deputy City Manager, or
c. MAYRA DIAZ-BUTTACAVOLI, Assistant City Manager, or
d. HARRY S. MAVROGENES, as Assistant City Manager, or
e. DEAN R. MIELKE, Assistant City Manager or in his absence,
f. JOSEPH R. PINON, Assistant City Manager.
Section 3. That the above individuals shall execute a signature page concerning the
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First Union National Bank of Florida, Sun Bank/Miami, N.A., Nations
Bank, N.A., City National Bank, Bankers Trust Company, and Sun Bank,
N.A.
Accounts designated: All accounts enumerated in Resolution No. 95-21 751
shall be on official vouchers duly prepared and bearing two signatures as follows:
By ///‘1)S\-----
R. J. NACHLINGER, as Finance Director, or in his absence or inability to act for any
reason .),(f
By
ROBERT W. SPINNEY, s Assi ant inance Director, or in his absence or inability
to ct for any yeas n
By
ACK LUBIN, as Interim City Clerk:
COUNTERSIGNED
By 7e4'‘-"/"Ii"-----
JOSE GARCIA-PEDROSA, as City Manager, or in his absence or inability to act for
any reason
By
SE DRIGUEZ, as Deputy City Manager, or in her absence or inability act
r a y reason
By .
MAYRA DIAZ-BUTTACAVOLI, as Assistant City Manager, or in her absence or
inability a t for any reason
By
HA Y S. MAVROG ES, as Assistant City Manager, or in his absence or inability
to act for any reason
By tlY L
DEAN R. MIELKE, as Assi tant City Manager or in his absence or inability act for
any reas n
By e %`c<
J R. PINON, as Assistant City Manager
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account, attached hereto as Exhibit "A".
Section 4. And with the further provision as to the accounts enumerated above in First
Union National Bank of Florida, Sun Bank/Miami, N.A., Nations Bank, N.A.,
City National Bank, Bankers Trust Company and Sun Bank, N.A.
withdrawals of funds from which shall be on imprinted checks designated
each bearing two signatures as set forth; or bearing the signature consisting
of the background and other identifying symbols and facsimile signatures, as
are imprinted on the sample checks attached hereto and made a part
thereof; and the Finance Director is hereby authorized to use said signature
in connection with said accounts.
Section 5: That said First Union National Bank of Florida, Sun Bank/Miami, N.A.,
Intercontinental Bank, Nations Bank, N.A., City National Bank, Bankers Trust
Company, and Sun Bank, N.A., are hereby authorized and requested to
accept, honor and pay without further inquiry and until delivery to it of written
notice of the 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 6: That Resolution No. 95-21580 adopted on the 13th day of September 1995,
be and the same is hereby rescinded and that all other resolutions or parts
of resolutions in conflict herewith be and the same are hereby repealed.
PASSED AND ADOPTED TH 11th DAY OF October 1995.
Mayor
Attest:
FORM ARP►V . :
LEGAL D T
City Clerk 6y
Date /o/i-/
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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. -1 c S~ `I S
TO: Mayor Seymour Gelber and DATE: October 11, 1995
Members of the City Commission
FROM: Jose Garcia-Pedrosa
City Manager
SUBJECT: AUTHORIZATION FOR SIGNING OF VOUCHERS DRAWN ON FUNDS IN THE CITY
OF MIAMI BEACH DEPOSITORIES (RESCINDING RESOLUTION NO. 95-21692)
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 listed in
the Resolution.
BACKGROUND:
The attached resolution is periodically updated, as required, due to change in
authorized signers, addition of new bank accounts and deletion of closed bank
accounts. The current resolution adds a bank account at the City's depository
bank entitled "City of Miami Beach Liability Claims Account".
ANALYSIS:
The processing of liability claims payments by the City, effective October 1,
1995, necessitates the creation of an additional bank account at the City's main
depository, Sun Bank/Miami, N.A. in order to process payments from Self Insurance
Funds.
CONCLUSION:
This resolution should be approved to designate the City's new primary depository
and to provide continuity for signing of vouchers on these accounts.
RMC:RWS:cp
AGENDA ITEM C.-1 - 6
DATE