Placement: Resolutions
Action Requested: Motion / Vote
title
Resolution 23-R14, Approve a Resolution of The City of Port St. Lucie, Florida, Designating the City Officials Authorized to Withdraw Funds from the Depository Accounts; Providing for Conflict; Providing for Severability; Providing an Effective Date.
body
Submitted By: Stephen Okiye, Finance Director, Finance Department.
Strategic Plan Link: The City’s Mission to be financially responsible.
Executive Summary (General Business): The City proposes to adopt a Resolution which amends prior Resolution 21-R150 revising the designated City officials authorized to withdraw funds from the depository accounts of the City.
Presentation Information: N/A
Staff Recommendation: Move that the Council approve the proposed Resolution which supersedes and replaces Resolution 21-R150.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the proposed Resolution which supersedes and replaces Resolution 21-R150.
2. Move that the Council provide staff direction.
Background: The City of Port St. Lucie has designated depositories for municipal operating funds of the City. Those funds are subject to withdrawal upon checks, notes, drafts, bills of exchange, acceptances, and undertakings of other orders of payment of money only when signed on behalf of the City by any two of the designated officers.
Issues/Analysis: The City desires to amend and update the list of designated officers authorized to execute orders of payment of funds from the designated depositories.
Financial Information: N/A
Special Consideration: N/A
Location of Project: N/A
Attachments: Legal Intake #9559
NOTE: All of the listed items in the “Attachment” section above are in the custody of the City Clerk. Any item(s) not provided in City Council packets are available upon request from the City Clerk.
Internal Reference Number: 1. Resolution 23-XX Draft 2. Resolution 21-R150
Legal Sufficiency Review:
Reviewed by Sebastian Poprawski, Deputy City Attorney. Approved as to Legal form and sufficiency by James D. Stokes, City Attorney.