HomeMy WebLinkAboutRESOLUTION 1978-146~ T _ _ ___ _ _ , ___ _ _ _ _ z~
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CITY OF KENAI
RESOLUTION NO 78-146
A RESOLUTION ESTABLISHING DEPOSITORIES FOR MUNICIPAL FUNDS AND
ESTABLISHING TAE AUTAORI2ED SIGNATURES FOR DEPOSIT OR WITHDRAWAL
OF FUNDS FROM SAID DEPOSITORIES.
WHEREAS, past resolutions authorizing signators have given two
persons in the same department the capacity to sign a negotiable
instrument, and
WHEREAS, it is the finding of the Council that such practice is
not desirable.
NOW, THEREFORE, BE IT RESOLVED BY TAE COUNCIL OF TAE CITY OF KENAI,
ALASKA, as follows.
Section 1 That the AlaskalState Bank, Kenai Branch and/or
Nationa Ba of Alaska, Kenai Branch, and/or First Federal Savings
Bank, and/or First National Bank of Anchorage, Kenai Branch, be
designated as official depositories of municipal funds.
Section 2 That, for banking purposes, the persons listed
hereina tee rare authorized as signators on accounts of the City of
Kenai and any two of such persons may sign negotiable instruments
for the City of Kenai
John E Wise, City Manager
Charles A Brown, Acting Finance Director
Lillian Hakkinen, Accountant
Sue C Peter, City Clerk
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F ~ ~r
i RESOLUTION NO 78-14b
Section 3 That, for purposes of internal control, one of the
follow ng~ combinations of signatures must appear on any negotiable
instrument of the City of Kenai
i
John E Wise, City Manager
Charles A Brown, Acting Finance Director
or
John E Wise, City Manager
Lillian Hakkinen, Accountant
or
Charles A Brown, Acting Finance Director
Sue C Peter, City Clerk
Section 4 That all prior resolutions designating depositories
and aut or z ng signators are hereby rescinded.
i
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 6th day
of September 19'8.
ATTEST
ue~C Peter, C ty C er
Approved by Finance:l~~c___
VINCENT J'RyILLY. MAYOk ~
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