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2000-R-132000-R-13 0 CERTIFICATE OF BORROWING RESOLUTION (NON -INCORPORATED CITY) 1, the undersigned, hereby certify to FIRST UNION NATIONAL BANK ('Bank') that I am the Mayor of CITY OF EDGEWATER ("City"), a City duly organized and existing under the laws of the State of FLORIDA; that the following is a true copy of the Resolution duly authorized by the City ("Governing Body") as of September 11, 2000; and that such Resolution is in full force and effect and has not been amended or rescinded and no provision in the governing laws of the State of FLORIDA limiting the power of the Governing Body to pass the following Resolution, which is in full conformity with the regulations, ordinances or rules adopted by the City. RESOLVED, that EACH of the present holder(s) of the following office(s) and/or position(s) of City and his successm(s) in office, membership or position: Title: Mayor is hereby authorized, on behalf of, in the name of and for the account of City to: a. borrow money and/or obtain or continue credit (with or without security) from Bank, including but not limited to credit extended through the issuance of credit cards, upon such terms and conditions and in such amounts as such officer(s), member(s) or position-holder(s) may deem desirable; b. execute and/or endorse all documents necessary or required by Bank to evidence or consummate any extension of credit to City; c. guarantee the obligations of others to Bank; d. engage in business transactions of all nature and kind and/or to enter into all mariner of contractual relationships with Bank; 2. RESOLVED FURTHER, that EACH of the following persons) is designated by the City to authorize the issuance of Purchasing Cards for the City: Name: Donald Schmidt Si Title: Mayor Name: Kenneth Hooper Signature: a Title: City Manager M Q Name: Michele L. Goins Signaue' \\\�� Title: Finance Director RESOLVED FURTHER, that the foregoing authority shall not be limited to the above -identified or described officer(s), member(s), position-holder(s) or other representative(s) of City but shall extend to such additional or different individuals as are named as being so authorized in any letter, form or other written or oral notice by any officer, member, position -holder or other representative of City identified or described above; 4. RESOLVED FURTHER, that the Mayor of the City of Edgewater shall famish Bank a certified copy of this Resolution, and Bank is hereby authorized to deal with the present holder(s) of the above -identified or described office(s), membership(s) or positions) under the authority of this Resolution unless and until it shall be expressly notified In writing to the contrary by City; Crl YEDOE Last Rev. 5/6/97 5. RESOLVED FUR'r nER, that the Mayor of City, shall, from time to me hereafter, as changes in the personnel of the above -identified or described office(s), membership(s) or position(s) of City, are made, immediately certify such changes m Bank, and that Bank shall be fully protected in relying upon such certifications of the City, and shall be indemnified and saved harmless from any claims, demands, expenses, losses and/or damages resulting from, or growing out of, honoring the signature or any officer(s), member(s), position-holder(s), representative(s), agent(s), or employee(s) so certified, or refusing to honor any signature not so certified which is not described or stated in the foregoing Resolution; 6. RESOLVED FURTHER, that the Mayor of City is authorized and directed to certify to Bank that the foregoing Resolution was duly adopted, and that the provisions thereof are in full conformity with the City provision with the State of FLORIDA; 7. RESOLVED FURTHER, that all transactions by any officer(s), member(s), position-holder(s), representmive(s), agent(s), or employee(s) of City on its behalf and in its name with Bank prior to delivery of a certified copy of the foregoing Resolution is, in all respects, hereby ratified, confirmed and adopted; S. RESOLVED FURTHER, that the present holder(s) of the above -identified or described offrce(s), membership(s) or position(s), are expressly authorized and directed to affix the seal, if any, of City on any instrument and to adopt any facsimile seal for any occasion and purpose on any instrument as the seal, if my, of City, and that this Resolution supersedes any other organizational document of the City to the contrary; and 9. RESOLVED FURTHER, Nat any persons) authorized to act on behalf of City pursuant to the terms of this Resolution is fully authorized to take any action or exercise any powers as set out or granted by those terms in relation to any municipal division or affiliate of City. 1, finally, certify that the following is the person(s) who now holds) die offices), membership(s), and/or position(s) referred to in this Resolution above and that their bo e9t1 signaturss are seLforth bet Name: Donald Schmidt Signature/ Title: Mayor WHEREOF, I have hereunto subscribed my name(s) and affixed the seal, if my, of ;ewater this I Ia day of September, 2000. Name: Signature: Title: X Si & Title MYEDCE Last Rev. 5/6/97