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HomeMy WebLinkAboutCVRC Reso 2006-007 CVRC RESOLUTION 2006-007 RESOLUTION OF THE BOARD OF DIRECTORS OF THE CHULA VISTA REDEVELOPMENT CORPORATION DESIGNATING THE CITY OF CHULA VISTA AS A DEPOSITORY FOR FUNDS OF THE CORPORATION IT IS HEREBY RESOLVED by the Board of Directors of the CHULA VISTA REDEVELOPMENT CORPORATION that the City of Chula Vista ("City") is designated as depository of the funds, including, without limitation, cash and cash equivalents, of this Corporation; and BE IT FURTHER RESOLVED that the Chief Financial Officer be, and is hereby, authorized to draw checks from financial institutions used as depositories by the City, signed, as provided herein with signatures certified to such depository by the Secretary of this Corporation; provided that any check in excess of $10,000.00 will be signed by the Chief Financial Officer and one of its designees, as consistent with City policy. The depository is hereby authorized to honor and pay all checks so signed, including those drawn to the order of any officer or other person authorized to sign them; and BE IT FURTHER RESOLVED that all form resolutions required by the City of Chula Vista or its depositories are hereby adopted in such form utilized by the depository, and the Secretary of this Corporation is hereby authorized to certify such resolutions as having been adopted at this meeting and is directed to insert the form of such resolutions in the minute book immediately following the minutes of this meeting; and BE IT FURTHER RESOLVED that the City of ChuIa Vista and its depositories, having received a copy of these resolutions so certified by the Secretary of this Corporation, shall be entitled to rely thereon for all purposes until they shall have received written notice of the revocation or amendment of these resolutions by the Board of Directors of this Corporation. CVRC Resolution No. 2006-007 Page 2 PASSED, APPROVED, and ADOPTED by the Chula Vista Redevelopment Corporation of the City of Chula Vista, this 23cd day of February 2006, by the following vote: AYES: Directors: Castaneda, Chavez, Desrochers, Lewis, McCann, Paul, Padilla, Rindone, Rooney NAYS: Directors: None ABSENT: Directors: None /' .. //~ /;1/ .. j' /4Li lI;( (( Stephe:J". Padilla, Chair / / / f L./ "---- ATTEST: STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ) ) ) Q~t(/ ~ Dana M. Smith, Secretary I, Dana M. Smith, Secretary of the Chula Vista Redevelopment Corporation ofthe City ofChula Vista, California, do hereby certify that the foregoing CVRC Resolution No. 2006-007 was duly passed, approved, and adopted by the Chula Vista Redevelopment Corporation at a regular meeting of the Chula Vista Redevelopment Corporation held on the 23cd day of February 2006. Executed this 23cd day of February 2006. Q..,. '!f_~-/ Dana M. Smith, S retary