HomeMy WebLinkAbout498-2005 RDA Reso
RESOLUTION NO. 498-2005
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 AGENCY BANK ACCOUNTS AT
BANK OF AMERICA.
WHEREAS, the Miami Beach Redevelopment Agency has established two
accounts at Bank of America; and
WHEREAS, the Chairman and Members of the Miami Beach Redevelopment
Agency wish to designate signatories who may execute vouchers in order to draw 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 two specified accounts
described in Section 2 below on deposit at Bank of America:
a. Jorge Gonzalez, Executive Director; and/or
b. Timothy D. Hemstreet, Assistant Director; and/or
c. Patricia D. Walker, Finance Director.
Section 2. That the following two accounts are those established at Bank of America
upon which any two of the above specified individuals may withdraw funds:
i. South Pointe Redevelopment Checking Account,
No. 90-02-0000-23.
ii. City Center/Historic Convention Village Checking Account,
No. 46-01-0080-50.
Section 3. That Bank of America 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 Bank of
America 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 for the Miami
Beach Redevelopment Agency, when such checks or other orders for
money shall be signed or endorsed in the name of the Miami Beach
Redevelopment Agency by its officers above named.
Section 4. That the above individuals shall execute a signature page concerning the
accounts, attached hereto as Exhibit "A".
Section 5. That should the Agency decide 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 Bank of America.
Section 6. That any and all legislation in conflict herewith be hereby repealed.
Section 7. This Resolution shall become effective immediately upon its adoption.
PASSED and ADOPTED this 23rd day of February, 200 .
CHAIRMAN
~JdtANt PM~
SECRETARY
APPROVED AS TO
FORM & LANGUAGE
& FOR EXECUTION
... ~-r--05
Date
Exhibit A
BANK OF AMERICA
Accounts:
A. South Pointe Redevelopment Checking Account,
No. 90-02-0000-23.
B. City Center/Historic Convention Village Checking Account,
No. 46-01-0080-50.
Shall be upon official vouchers duly prepared and bearing any two signature as follows:
Jorge Gonzalez, Executive Director
Timothy D. Hemstreet, Assistant Director
Patricia D. Walker, Finance Director
T:\AGENDA\2005\February 23\RDA\signature reso.doc
MIAMI BEACH REDEVELOPMENT AGENCY
AGENDA ITEM SUMMARY
m
Condensed Title:
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 Agency bank
accounts at Bank of America.
Issue:
The Resolution authorizing the signing of vouchers drawn on funds in the Bank of America accounts for
South Pointe and City Center/Historic Convention Village Redevelopment Areas need to be updated
eriodicall to reflect an chan es of officers who are also authorized si natories on the accounts.
Item Summary/Recommendation:
A new Resolution authorizing appropriate signatures should be executed by the Chairman and Secretary at
this time to provide operating and signature continuity on these accounts.
Advisory Board Recommendation:
I N/A
Financial Information:
Amount to be expended:
Source of
Funds:
Amount
Account
Approved
D
Si n-Ofts:
Redevelopment Coordinator
Assistant DireCtor
Director
AGENDA ITEM
DATE
38
2-23t-os
CITY OF MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139
www.rniarnibeachfl.gov
REDEVELOPMENT AGENCY MEMORANDUM
Subject:
Chairman David Dermer and
Members of Miami Beach Redevelopment Agency
Jorge M. Gonzalez q.r/ ~
Executive Director 0 0
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 AGENCY BANK ACCOUNTS AT BANK OF AMERICA.
Date: February 23, 2005
To:
From:
ADMINISTRATION RECOMMENDATION:
Adopt the Resolution.
ANALYSIS
The Resolution authorizing the signing of vouchers drawn on funds in the Bank of America
accounts for South Pointe and City Center/Historic Convention Village Redevelopment
Areas of the Miami Beach Redevelopment Agency is periodically updated to reflect any
changes of officers who are also authorized signatories on the accounts. It is necessary to
recognize these changes by Resolution.
A new Resolution authorizing appropriate signatures should be executed by the Chairman
and Secretary at this time to provide operating and signature continuity on these accounts.
JMG:C1tfc:kob
Attachments