HomeMy WebLinkAbout1989-006 EDAR1
1
Member Gene Lhotka
resolution and moved its adoption:
EDA RESOLUTION NO.
introduced the following
RESOLUTION FOR FACSIMILE SIGNATURES
BE IT RESOLVED by the Economic Development Authority
(EDA) in and for the City of Brooklyn Center that First Brookdale
Bank, as a designated depository of the Economic Development
Authority, be and is hereby requested, authorized and directed to
honor all checks drawn upon the Economic Development Authority
Account when bearing or purporting to bear the facsimile
signatures of EDA Treasurer Dean A. Nyquist and EDA Assistant
Treasurer Paul Holmlund.
The First Brookdale Bank shall be entitled to honor and
to charge the Authority for all such check, drafts or other
orders, without liability to determine whether the person or
persons affixing the facsimile signature thereon have or had
authority to do so and regardless of by whom or by what means the
facsimile signature thereon has been affixed thereto, if such
facsimile signature resembles the facsimile specimens from time
to time furnished to or filed with said First Brookdale Bank by
the Authority; 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 the First
Brookdale Bank 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 13, 1989
Date
f
Pres'i
The motion for the adoption of the foregoing resolution was duly
seconded by member Celia Scott and upon vote being taken
thereon, the following voted in favor thereof: Dean Nyquist,
Gene Lhotka, Celia Scott, Todd Paulson, and Jerry Pedlar;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.