R-2255-1-04E
RESOLUTION NO. 2255-1-04(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, DESIGNATING CITY REPRESENTATIVES FOR THE BANK
DEPOSITORY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council has designated The American National Bank of Texas as the City's bank
depository; and,
WHEREAS, from time to time, the City of Allen wishes to request 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
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 previous or post resolution 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 authorized to execute the required Agreements with the Bank and to designate those persons
who may transact business on behalf of the City of Allen, Texas, for thee above indicated services.
Peter H. Vargas
City Manager �J--��
Name & Title Signature
Shelli Siemer
Assistant City Manager
Name & Title
Kevin Hammeke
Finance Director
Name & Title
Joanne Stoehr
Assistant Finance Director
Name & Title
�nQ.LiA �ipe/btPil
Signature
Sjknature
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 we 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repealed.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 13TH DAY OF JANUARY, 2004.
1
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APPROVED:
KtephenwTerrell, MAYOR
ATTEST:
Shelley B. Georg 'RMC, CITY SECRETARY
Resolution No. 2255-1-04/R), Page 2