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HomeMy WebLinkAboutCity of Tamarac Resolution R-72-022This RESOLUTION w a s introduced by R• G� +��'��-, CMT OF TAMARAC, FLORIDA RESOLUTION N0. A RESOLUTION PROVIDING THAT THE PEOPLES BANK OF BROKARD COUNTY BE DESIGNATED AS AN ADDITIONAL DEPOSITORY FOR CITY FUNDS AND THAT THE CITY MANAGER BE AUTHORIZED TO TRANSFER FUNDS OF THE CITY TO SUCH ACCOUNTS AS HE MAY ESTABLISH IN SUCH DEPOSITORY. WHEREAS, the City Council has received a request from the City Administration for authority to transfer funds to a more convenient depository, and WHEREAS, the Peoples Bank of Broward County has recently opened for business within the City of Tamarac a short distance from City Hall, and WHEREAS, the Council has been advised that substantial time could be saved by transferring some funds from the Lauderdale Lakes National Bank to Peoples Bank of Broward County and the Council deems it wise and expedient to authorize the City Manager to arrange for such transfer, NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF The City of Tamarac, Florida: SECTION 1: That the Peoples Bank of Broward County be and is hereby designated as an official City Depository in addition to the Lauderdale Lakes National Bank in accordance with Section 99 of the City Charter and the laws of the State of Florida. SECTION 2: That the City Manager is hereby authorized to open such accounts as he deems necessary and expedient in the Peoples Bank of Broward County and to close the account for such purpose heretofore established in the Lauderdale Lakes National Bank. 1 SECTION 3: That the appropriate bank officials at the Lauder — dale Lakes National Bank and Peoples Bank of Broward County be supplied with certified copies of this Resolution. PASSED, ADOPTED AND APPROVED this anlay Of.... �! , 1972.. ATTEST: CITY CLERK u CERTIFY that I have -a form and Correctness RESOLUTION w. ITjC_ c, -ffiRi�TEY: 1 MAYOR a;Ur i1 Or COUNCIL VOTE Mayor Seltman Vice Mayor LangeG Uoundiman Johnson .. .. GourcitlTtan Shultz Gounciiworn a.i; Massaro