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04-19
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04-19
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Last modified
2/4/2019 10:04:20 AM
Creation date
2/4/2019 10:04:19 AM
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Resolutions
Number
04-19
Date
1/31/2019
Description
Authorizing Certain Elected Officials and Town Officers as Signatories on Town Financial Accounts
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RESOLUTION 04-19 <br />A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS <br />AUTHORIZING CERTAIN ELECTED OFFICIALS AND TOWN OFFICERS AS <br />SIGNATORIES ON TOWN FINANCIAL ACCOUNTS <br />WHEREAS, Section 3.2-07 of the Town of Los Altos Hills Municipal Code requires that the City <br />Council from time to time pass a resolution that specifies the signatories authorized to sign all <br />checks, drafts, or warrants issued for and on behalf of the Town; and <br />WHEREAS, the Town maintains bank accounts at FDIC -insured financial institutions for the <br />purposes of conduction the Town's financial transactions; and <br />WHEREAS, the Town has instituted internal controls requiring two signatures on checks issued <br />by the Town with at least one signature being that of a bonded officer of the Town; and <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the Town of Los Altos Hills <br />does hereby resolve, that the following offices / positions and their incumbent are signatories <br />authorized. to sign all checks, drafts, or warrants issued for and on behalf of the Town of Los Altos <br />Hills: <br />Office / Position: <br />Mayor <br />Mayor Pro Tem/Vice Mayor <br />Council member <br />Council member <br />Council member <br />City Manager <br />Administrative Services Director <br />City Clerk <br />The above and foregoing Resolution was passed and adopted by the City Council of the Town of <br />Los Altos Hills at a special meeting held on 31 st day of January, 2019 by the following vote: <br />AYES: Spreen, Wu, Corrigan, Tankha, Tyson <br />NOES: None <br />ABSTAIN: None <br />ABSENT: None <br />ATTEST: <br />Deborah Padovan, City Clerk <br />BY: 4, C,,_ <br />Roger 6reen, Mayor <br />Resolution 04-19 <br />Page 1 <br />
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