HomeMy WebLinkAbout01-11 RESOLUTION No. 1-11
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 bank accounts at FDIC-insured financial 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 being that of a bonded officer of the
Town; and
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 Ginger Summit
Mayor Pro Tern Rich Larsen
Council member Jean Mordo
Council member John Radford
Council member Gary Waldeck
City Manager Carl Cahill
Finance Director Nick Pegueros
REGULARLY PASSED AND ADOPTED this 13th day of January, 2011.
BY:
"nger ummit,Mayor
ATTST•.
Karen Jost, Cit