HomeMy WebLinkAboutOrdinance Book 18, Page 1030, No Resolution Number1030
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ESTABLISH
NECESSARY CHECKING ACCOUNTS WITH LOCAL BANKS FOR THE PURPOSES OF
ADMINISTERING COMMUNITY DEVELOPMENT FUNDS, AND AUTHORIZING AND
APPOINTING THE DESIGNATED SIGNATORIES
BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF
PADUCAH,KENTUCKY:
SECTION 1. That the City Manager be, and he is hereby, authorized
and directed to establish all necessary checking accounts with local banks that
may be necessary in order to administer the orderly and legal disbursement of
all Community Development Funds.
SECTION 2. That any joint combination of the City Manager, City
Treasurer and the Community Development Accountant shall be considered as
authorized signatories on any checking accounts established for the purposes
of the disbursement of Community Development Funds.
SECTION 3. This resolution shall be in full force and effect from
and after the date of its adoption.
z Mayor
Passed by the Board of Commissioners October 28, 1975
Recorded by Sarah Thurman, City Clerk, October 28, 1975.