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2000-24058 RESO RESOLUTION NO. 2000-24058 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. 99- 23420 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vouchers in order to draw upon funds for the benefit of the City, which action requires that Resolution No. 99-23420 be rescinded. NOW THEREFORE, BE IT RESOLVED by the Mayor and City Commission ofthe City of Miami Beach, Florida: Section 1: That on and after the 13th day of September 2000, all withdrawal of funds from the City of Miami Beach accounts in City Depositories described below, shall be by a duly prepared voucher executed and countersigned by designated individuals as described in Section 2: a. FIRST UNION NA TlONAL BANK OF FLORIDA Accounts Designated "City of Miami Beach Consent Decree Trust 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" "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. SUNTRUST BANKlMIAMI. N. A. Account Designated "City of Miami Beach General Disbursement Account" "City of Miami Beach General Depository Account" "City of Miami Beach PaYTon Account" "City of Miami Beach Liability Claims Account" "SunTrust, N. A. as Trustee for the City of Gulf Breeze Local Govermnent Loan Program Floating Rate Demand Revenue Bonds, 1985 (Miami Beach Loan Fund)" Section 2. Section 3. Section 4. \ c. NATIONS BANK. N.A. Account Designated "City of Miami Beach Community Development Program Fund" "Retirement System for General Employees ofthe 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 each 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" Each official duly prepared voucher shall be executed and countersigned as follows: a. That any QM of the following specified individuals may execute an official duly prepared voucher bearing the various designations as given above: 1. PATRICIAD. WALKER, as Finance Director, or 11. GEORGINA P. ECHERT, as Assistant Finance Director, or iii. ROBERT PARCHER, as City Clerk: b. That any QM of the following specified individuals may countersign an official duly prepared voucher bearing the various designations as given above: 1. JORGE M. GONZALEZ, as City Manager, or 11. MA YRA DIAZ-BUTT ACA VOL!, as Assistant City Manager, or 111. CHRISTINA M. CUERVO, as Assistant City Manager. That the above individuals shall execute a signature page concerning the account, in the format as attached hereto as Exhibit" A" . And with the further provision as to the accounts enumerated above in First Union National Bank of Florida, SunTrust BanklMiami, N. A., Nations Bank, N. A., City National Bank, and Bankers Trust Company, withdrawals of funds from which shall be on imprinted checks designated each bearing two signatures as set forth; or Section 5. Section 6. Attest: bearing the signature consisting or the background and other identitying 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. That said First Union National Bank of Florida, SunTrust Bank/Miami, N. A., Nations Bank, N. A., City National Bank, and Bankers Trust Company, 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 herein before named. That Resolution No. 99-23420 adopted on the 15th day of December 1999 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 13th DAY OF September 2000. ~# Mayor ~} f aut-<< City Clerk APPROVED AS TO FORM & LANGUAGE /I. FOR EXECUTION AI* E::1-4IJ EXHIBIT A PROVIDING AUTHORITY FOR THE SIGNING OF VOUCHERS DRAWN ON FUNDS IN THE CITY OF MIAMI BEACH DEPOSITORIES PATRICIA D. WALKER, as Finance Director, or Cl. GINA P. ECHERT, as Assistant Finance Director, or ~!~~k JORG~~Z~~,or ~d.~'~ MA YRA DI -BUTTACA VOL!, as Assistant City Manager, or ~~~- CHRISTINA M. CUERVO, 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. 0Co'f-- - 0 (:) TO: Mayor Neisen O. Kasdin and Members of the City Commission DATE: September 13, 2000 FROM: JorgeM.Gonzalez \'A~ City Manager O~- 6 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. 99-23420) ADMINISTRATION RECOMMENDATION Adopt the Resolution. ANALYSIS The attached Resolution is periodically updated, as required, due to changes in authorized signers, addition of new bank accounts and deletion of closed bank accounts. The current Resolution replaces the signature of Lawrence A. Levy, City Manager, with the signature of Jorge M. Gonzalez, the newly appointed City Manager. Proposed changes incorporated in this resolution are necessary to properly reflect current authorized signatures. This resolution should be approved to provide continuity for signing of vouchers on these accounts. JMG:PDW:~OdP 'O'P AGENDA ITEM DATE C/~ q-/";l,....oo