HomeMy WebLinkAboutRES 91-72RESOLUTION NO. 91- 72
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF DIAMOND BAR PRESCRIBING A METHOD OF DRAWING
WARRANTS AND CHECKS UPON CITY FUNDS
A. Recitals.
(i) Pursuant to California law, the Mayor and City
Clerk are required to execute and countersign all warrants and
checks issued for payment from City funds.
(ii) California Government Section 37203 provides that
the City Council may prescribe an alternative method for drawing
warrants and checks.
(iii) The City Council of the City of Diamond Bar
desires to provide an alternative method to insure the timely
drawing of warrants and checks upon City funds.
(iv) All legal prerequisites to the adoption of this
Resolution have occurred.
B. Resolution.
NOW, THEREFORE, the City Council of the City of Diamond
Bar hereby finds, determines and resolves as follows:
1. In all respects as set forth in the Recitals, Part
A, of this Resolution.
2. Pursuant to the provisions of California
Government Code Section 37203, all checks and warrants drawn on
City funds shall be executed and countersigned by any two of the
following three positions:
a. Mayor
b. City Treasurer
y
C. Senior Accountant
3. Notwithstanding the provisions set forth above,
any and all checks and warrants drawn on City funds payable in
excess of $10,000 shall be signed by the Mayor and one of the
required signatures thereof.
4. The City Council hereby authorizes and directs the
execution of all documents reasonably necessary to implement the
method for payment of checks and warrants set forth above,
including, but not limited to, execution of documents pertaining
to City bank accounts with City's banking institution(s).
5. The City Clerk shall certify to the adoption of
this Resolution.
PASSED, APPROVED AND ADOPTED this 3rd day of
December , 1991.
I, LYNDA BURGESS, City Clerk of the City of Diamond
Bar, do hereby certify that the foregoing Resolution was passed,
approved and adopted at a regular meeting of the City Council of
the City of Diamond Bar held on the 3rd day of December ►
1991, by the following vote:
AYES: COUNCILMEN: Forbing, Miller, Kim
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: Papen and Werner _
ABSTAINED: COUNCILMEN: None
LYN 8 GESS', CiW Clerk
City of Diamond Bar