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HomeMy WebLinkAboutRes 1962-125 Authorizing the Establishment of a Bank Account - Recreational Facilities Bonds, July 1, 1961RESOLUTION NO-. '125 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AUTHORIZING THE ESTABLISHMENT OF A BANK ACCOUNT. i BE IT AND IT IS HEREBY RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA:: Section 1. That the Village Clerk is hereby authorized and directed to open and from time to time reconcile an account for the Village of North Palm Beach, Florida, with the Riviera Beach Bank, at Riviera Beach, Florida, such account to be known as 'Village of North Palm Beach Recreational Facil- ities Bands, July 1, 1961", and to deposit therein the proceeds of the sale of such bonds. Funds in such account shall be subject to withdrawal by checks signed in the name of the Village by any member of the: Village Council or by the Village Treasurer singly, provided such check does not exceed the amount, of One Thousand Dollars ($1,000.00). Checks in excess of such sum shall be signed by one of the parties designated above and co -signed by another member of the Village Council or the Village Treasurer, as thecasemay be. The aforesaid bank may rely on the authority herein conferred upon such persons until delivery to it of a certified copy of a resolution revoking of modifying this resolution. PASSED AND ADOPTED THIS 2nd day of January - , 1962. TTEST: Village Clerk r 'Mayor VsneeMaj or Councilman Councilman Councilman