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HomeMy WebLinkAboutReso 47-1981 RESOLUTION NO. 47-81 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING SIGNATURES FOR CHECKS, WARRANTS AND BANK SIGNATURE CARDS, AND RELATED MATTERS that: BE IT RESOLVED by the City Council of the City of South San Francisco 1. Authorizing Signatures. The following signatures are authorized for checks, warrants and bank signature cards. Two signatures are required with the provision that one signature shall be manually affixed and the other signature may be affixed by plate or other approved mechanical means on checks or warrants, except for payroll check where the two signatures may be affixed by plate or other mechanical means. C. Walter Birkelo City Manager Alexander E. C. Yuen Acting Director of Finance Louise Coleman Accounting Officer 2. Bonds. Each of the named persons and officers shall furnish a bond in the sums stated below covering the faithful performance by such officers of the duties of their office, particularly with respect to the issuance of warrants, checks and execution of bank signature cards; and said bonds shall be filed with the City Clerk. C. Walter Birkelo, City Manager $500,000 Alexander E. C. Yuen, Acting $750,000 Director of Finance Louise Coleman,'Accounting Officer $500,000 3. Filing Certified Signatures with Secretary of State. In accordance with Government Code Section 5501, each of said authorized officers shall file · with the Secretary of State his or her manual signature, certified by said officer under oath, if said officer's signature is to be affixed by plate or other approved mechanical means. 4. City Treasurer's Signature. The City Treasurer's signature authorizations shall continue as previously authorized and as authorized by the Government Code of the State of California, and the bond sum as previously set shall continue to be $750,000. 5. Recission of Resolution No. 6-77. Resol uti on No . 6-77, adopted January 19, 1977, entitled, "A Resolution Authorizing Signatures for Checks, Warrants and Bank'Signature Cards, and Related Matters," is hereby rescinded. I~hereby certify that the foregoing Resolution was regularly intro- duced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 6th day of May , 1981, by the following vote: AYES: NOES: ABSENT: Councilmen Ronald G. Acosta, Mark N. Addiego, Emanuele N. Damonte, Gus Nicolopulos; and Councilwoman Roberta Cerri Teglia None None ATTEST: /x<~ City 2,