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HomeMy WebLinkAbout1991-009 EDAR1 Commissioner Philip Cohen introduced the following resolution and moved its adoption: EDA RESOLUTION NO: 91 -09 RESOLUTION FOR FACSIMILE SIGNATURES BE IT RESOLVED by the Economic Development Authority (EDA) in and for the City of Brooklyn Center that Marquette Bank Brookdale and First National Bank of Omaha, as designated depositories of the Economic Development Authority, be and are hereby requested, authorized and directed to honor all checks drawn upon the EDA's Accounts when bearing the signatures of EDA Treasurer Todd Paulson and EDA Assistant Treasurer Paul W. Holmlund. Marquette Bank Brookdale and First National Bank of Omaha shall be entitled to honor and charge the EDA for all such checks, drafts or other orders, without liability to determine whether the persons affixing the facsimile signature thereon have or had the authority to do so and regardless of by whom or by what means the facsimile signature resembles the facsimile specimens from time to time furnished to or filed with said depositories by the EDA; and BE IT FURTHER RESOLVED that any and all resolutions heretofore adopted by the Economic Development Authority in and for the City of Brooklyn Center and certified to Marquette Bank Brookdale and First National Bank of Omaha as governing the operation of such City accounts with it, be and are hereby continued in full force and effect, except as the same may be supplemented or modified by the foregoing part of this resolution. March 25, 1991 Date Todd Pau son, President The motion for the adoption of the foregoing resolution was duly seconded by commissioner Celia Scott and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Celia Scott, Jerry Pedlar, Dave Rosene, and Philip Cohen; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.