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RESOLUTION NO. 12-12
A RESOLUTION OF THE CITY COUNCIL OF THE TOWN
OF LOS ALTOS HILLS AUTHORIZING CERTAIN
ELECTED OFFICIALS AND TOWN OFFICERS AS
SIGNATORIES ON TOWN FINANCIAL ACCOUNTS
WHEREAS, Section 3.2-07 of the Town of Los Altos Hills Municipal Code requires that the
City Council shall from time to time pass a resolution that specifies the signatories authorized to
sign all checks, drafts, or warrants issued for and on behalf of the Town; and
WHEREAS, the Town maintains deposit and investment accounts at institutions for the
purposes of conducting the Town's financial transactions; and
WHEREAS, the Town has instituted internal controls requiring two signatures on checks issued
by the Town with at least one signature of either the Town's City Manager or Finance Director
both of whom are bonded officers of the Town; and
WHEREAS, the position of Finance Director will be filled by a yet-to-be-designated qualified
temporary employee for an unknown period of time; and
WHEREAS, the City Clerk is a regular employee of the Town and a bonded officer of the
Town; and
WHEREAS, the Town's auditor has reviewed staff's recommendation to designate the City
Clerk a signatory on Town accounts in the absence of a permanent Finance Director and
considers the plan a viable option to maintain internal control;
NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby resolve that
the following offices/positions and their incumbent are signatories authorized to sign all checks,
drafts, or warrants issued for and on behalf of the Town of Los Altos Hills:
Office/Position Incumbent
Mayor Rich Larsen
Mayor Pro Tem Gary Waldeck
Council member Jean Mordo
Council member John Radford
Council member Ginger Summit
City Manager Carl Cahill
City Clerk Deborah Padovan
Resolution No. 12-12 Page 1
• I
The above and foregoing resolution was passed and adopted by the City Council of the Town of
Los Altos Hills at a regular meeting held on the 19th day of April, 2012 by the following vote:
AYES: Larsen, Waldeck, Mordo, Radford, Summit
NOES: None
ABSTAIN: None
ABSENT: None
BY:
'ch Lirayor
ATTEST:
Deb-orah Padovan,City Clerk
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