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HomeMy WebLinkAboutResolution No. 2870 RESOLUTION NO. 2870 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY AUTHORIZING CROCKER NATIONAL BANK AS A DESIGNATED DEPOSITORY I I THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. That ROBERT L. SHAND, City Treasurer, be authorized to enter into and sign a contract with the Crocker National Bank for the purpose of depositing funds for the City of Downey into Crocker National Bank. SECTION 2. The Crocker National Bank is hereby authorized as a depository for the City of Downey in accordance with Section 705, paragraph (b) of the Charter of the City of Downey. SECTION 3. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 30th day of October, 1973. Mayor ATTEST: / v s City c lerk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Downey at a regular meeting thereof held on the 30th day of October , 1973, by the following vote, to wit: AYES: 5 Councilmen: DiLoreto, Jennings, Temple, Winton, Morton NOES: 0 Councilmen: None ABSENT: 0 Councilmen: None City Cter