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HomeMy WebLinkAbout06 iti RESOLUTION OF CITY TO OPEN DEPOSIT ACCOUNT OR BORROW MONEY ( CITY COUNCIL ) I HEREBY CERTIFY, That I am the duly appointed and qualified acting Clerk of the City of Los Altos Hills, .County of Santa Clara and State of California and the keeper of the records of the proceedings of said city as authorized by its City Council, and that the f.ollcwing is a true and correct copy of a Resolution duly adopted by a majority vote at a regular ing of the City Council of said city legally held on the r D day of 19 ,5"---( and at which a quorum were present. BE IT RESOLVED„ That the First Western Bank and Trust Company r, RESOLUTION be and is hereby designated as 'a legal depository of money TO OPEN belonging to the City of Los• Altos Hills, County of Santa Clara DEPOSIT ACCOUNT' and-- State of California and that moneys belonging to said city 'shall be deposited in said bank from time to time in the name of • said city., said deposit to be limited to a total sum of 7 • �>' at any one time RESOLUTION BE IT FURTHER 'RESOLVED, That said city under the signature TO BORROW of its Clerk and Mayor be and hereby is authorized to borrow, from MONEY First W- 7rn Bank and Trust Company the sum of, -not to exceed 1-4, 6CU 1 Dollars ($ /N,910 ) binding the full faith and credit of the. city therefor. by.promissory note in appropriate form. = Clerk o. sai•. - _..- - Mayor, - of Los Altos Hills 11ZL./