R-3742-4-20 RESOLUTION NO.3742-4-20(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY,TEXAS,DESIGNATING AUTHORIZED CITY REPRESENTATIVES FOR
THE AMERICAN NATIONAL BANK OF TEXAS; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS,the City of Allen currently maintains accounts with The American National Bank of Texas as the
City transitions from The American National Bank of Texas to the City's new bank depository; and,
WHEREAS, until the transition from The American National Bank of Texas to the City's its new bank
depository is complete the City may need from time to time, for The American National Bank of Texas (the
"Bank"), by written instruction, telephone, terminal communication device, or otherwise, to originate one or
more of the following services:
■ ACH transaction as provided in an ACH Agreement
■ Cash Management Services pursuant to Cash Management Agreement
• Online Banking
• Online Banking Bill Payment
• Close out an account
WHEREAS, from time to time,the City of Allen may request The American National Bank of Texas to open
deposit or share accounts in the name of the City and that the designated City staff may endorse checks and
orders and withdraw or transfer funds;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY,TEXAS,THAT:
SECTION 1. Notwithstanding any prior resolution or authorizations which requires either multiple
signatures or other signatures to transact business on behalf of the City of Allen, Texas, that any ONE of the
persons listed below is hereby designated as authorized representatives of the City of Allen, Texas to execute
any required Agreements with The American National Bank of Texas to Bank, to transact business on behalf
of the City of Allen,Texas,may endorse checks and orders,withdraw or transfer funds .and to designate those
persons who may transact business on behalf of the City of Allen,Texas, for the above indicated services.
Eric Ellwanger
City Manager
Name&Title Signature
Eric Cannon
Chief Financial Officer
Name&Title Signature
SECTION 2. The authority conferred hereby will continue in full force and effect until specific written notice
of modification or revocation of this Resolution by a duly appointed official of the City of Allen, Texas, is
received by the Bank.
SECTION 3. All prior resolutions or portions of resolutions in conflict with this resolution are hereby
repealed.
SECTION 4. This Resolution shall become effective immediately upon its passage.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY,TEXAS, ON THIS THE 28TH DAY OF APRIL 2020.
'P'OVED:
�e bie Stout, OR
ATTEST:
'Tr• B. GelMTRMC, CITY 'RETARY
Resolution No.3742-4-20(R);Page 2