98-22628 RESO
98-22628
RESOLUTION NO.
A RESOLUTION OF THE MA VOR 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. 97-22332
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 new signatories, due
to the changes in City Administration, who may execute vouchers in order to draw upon
funds for the benefit of the City which requires that Resolution No. 97-22332 be rescinded.
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 8th day of January 1998, 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
designated
"City of Miami Beach as Trustee for Convention Center
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"
1
"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
designated
"City of Miami Beach General Disbursement Account"
"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
designated
"City of Miami Beach Community Development Program
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"
d. CITY NATIONAL BANK
Account "City of Miami Beach - HOME Investment Partnership"
designated
e. BANKERS TRUST COMPANY
Accounts
designated
"City of Miami Beach Note Fund General Account - Basic
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"
2
"City of Miami Beach - Project Fund"
"City of Miami Beach - Rebate Fund"
f. SUN BANK. N.A.
Account
designated
"Sun Bank, N.A. as Trustee for the City of Gulf Breeze
Local Government Loan Program Floating Rate
Demand Revenue Bonds, 1985 (Miami Beach Loan
Fund)"
Section 2. Each official duly prepared voucher shall be executed and countersigned as
follows:
a. That any one of the following specified individuals may execute an
official duly prepared voucher bearing the various designations as
given above:
I. PATRICIA D. WALKER, as Finance Director, or
II. BARBARA COLE, as Assistant Finance Director, or
III. ROBERT PARCHER, as City Clerk:
b. That any one of the following specified individuals may countersign an
official duly prepared voucher bearing the various designations as
given above:
I. SERGIO RODRIGUEZ, City Manager, or
II. MAYRA DIAZ-BUTTACAVOLl, Assistant City Manager, or
III. HARRY S. MA VROGENES, as Assistant City Manager.
Section 3. That the above individuals shall execute a signature page concerning the
account, in the format as 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.,
Fiduciary Trust International of the South, 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.,
3
Intercontinental Bank, Nations Bank, N.A., Fiduciary Trust International of the
South, 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. 97-22332 adopted on the 19th day of March 1997, 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 THIS
January
1998.
Mayor
Attest:
Ko~} PM-~
City Clerk
APPROVED AS "'-
FORM & lANGUA.:...".:
& FOR EXECU':!G: i
1t(1/f!P!{ .
1/1. 2('9 P
4
First Union National Bank of Florida, Sun Bank/Miami, N.A., Nations
Bank, N.A., Fiduciary Trust International of the South, City National
Bank, Bankers Trust Company, and Sun Bank, N.A.
Accounts designated:
All accounts enumerated in Resolution No. 98-22628
shall be on official vouchers duly prepared and bearing two signatures as follows:
By - {i;Uc~
PATRICIA WALKER, as Finance Director, or in her absence or inability to act for
a y reason (1~
ARBARA COLE, as Assistant Finance Director, or in her absence or inability to act
ll~r~~ fWc~
ROBERT PARCHER, as City Clerk:
By
By
COUNTERSIGNED
By
RODRIGUEZ, as City Manager, or in his absence or inability to act for any
By ~JJ~
MAYRA DIAZ UTTACAVOLl, as Assistant City Manager, or in her absence or
inability t for any reason
By
, as Assistant City Manager
CITY OF MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139
http:\\ci.miami-beach.f1.us
COMMISSION MEMORANDUM NO. ~\ -9 g:
TO:
Mayor Neisen O. Kasdin and
Members of the City Commission
DATE: January 7, 1998
FROM: Sergio Rodriguez
City Manager
,
SUBJECT: 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 (RESCINDING RESOLUTION NO. 97-22332)
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 deletes
the signatures of Jose Garcia-Pedrosa, Joseph Pinon, and Denise Bynum, and adds the signatures
of Sergio Rodriguez (the newly appointed City Manager) and Barbara Cole (Assistant Finance
Director).
ANAL YSIS:
Proposed changes incorporated in this resolution are necessary to properly reflect current authorized
signatures.
CONCLUSION:
This resolution should be approved provide continuity for signing of vouchers on these accounts.
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AGENDA ITEM
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1-1-9~
DATE