Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 21-R150, A Resolution of the City of Port St. Lucie, Florida, Revising the City Officials Authorized to Withdraw Funds from the Depository Account; Providing for Conflict; Providing for Severability; Providing an Effective Date.
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Submitted By: Stephen Okiye, Interim Finance Director, Financial Management 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-R94 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-R94.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the proposed Resolution which supersedes and replaces Resolution 21-R94.
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:
1. Resolution 21-R94
2. Resolution 21-RXX Draft
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: Legal Intake #7326
Legal Sufficiency Rev...
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