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2449 Resolution
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2449 Resolution
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Last modified
2/10/2014 10:53:48 AM
Creation date
1/30/2014 3:42:27 AM
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North Olmsted Legislation
Legislation Number
2449
Legislation Date
2/19/1957
Year
1957
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RESULUTIOlr N0. ~~ <br />BY: rlr. ~~~~~' i~ESOLUTTON AUTHORIZTI'~G `I' ~E OPENING <br />AND NIAINTAITdIR;G OF A S~ii~E~`LuPING <br />ACCOUNT. <br />BE IT RESOLVb~D BY `T'HE COUNCIL OF '1 HE CITY OE NOS 1 H OTd~iSTED, <br />S`1 ATE OF OHIO: <br />That the City open and maintain a safekeeping account with <br />The National City Bank of Cleveland and deposit therein, subject to <br />the rules of said bank, securities and/or other property of the City; <br />that such securities and/or other ;property of said City may be {1) <br />withdrawn from said account, and {2) disposed of or dealt vaith on the <br />written direction of the City signed by any two of the following <br />officers of the City as provided by Section 731.59 of the Ttevised <br />Statutes of Ohio, namely: i~~ayor, Auditor and Chief Law Officer, <br />and that the said bank may accept the instructions of any one of <br />said officers fo.r the transaction of other business in connection with <br />said account; and <br />BE IT FURTHER RESOLVED that the 1~uditor furnish to said <br />bank a certified copy of these resolutions and a certificate setting <br />forth the names of the officers of the City and specimens of their <br />signatures, and from time to time whenever new officers shall be <br />elected, additional certificates settir~ forth the names of said <br />officers and specimens of their signatures, and said bank is authorized <br />to rely on these resolutions arri. each such certificate as being in <br />effect without modification until written notice of any change therein. <br />shall be delivered to it. <br />This is an emergency measure necessary for the public health, <br />peace and safety and to provide immediately for the providing of a safe <br />place for the depositing of securities and of her property of the City. <br />PASSED: February ~ 9 , 1 5 <br />A'1'EST : ~'Z~ ~ <br />E. Nl. Christman, C er o ouncil E. W. Baumga <br />President of <br />APP COVED s <br />C arles B. Lewis, Mayor <br />~~%~'~~ <br />cil. <br /> <br />
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