Item No: 4.C.3.
Meeting Date: January 14, 2013
From: Bill Spinelli, Finance Director
Subject: Resolutions authorizing execution of Change of Authorized Signatories on All Bank Accounts at SunTrust Bank
Staff recommends approval of the resolutions authorizing a change of authorized signatories on all bank accounts at SunTrust Bank on behalf of the Mayor and the Interim City Manager.
The requested action is necessary to change the names of the individuals authorized to sign all checks, drafts, or other orders for the payment of money drawn in the name of the City Commission of the City of Leesburg, Florida, on its demand deposits, time deposits, and savings accounts at SunTrust Bank. Signature card changes occur whenever there is a change in Mayor, City Manager and/or Finance Director.
1. Approval of the attached resolutions authorizing a change of authorized signatories on all bank accounts at SunTrust Bank, or
2. Such alternative action as the Commission may deem appropriate.
Prepared by: Deputy Finance Dir
Attachments: Yes____ No ______
Advertised: ____Not Required ______
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. _____________
Deputy C.M. ___________________
City Manager ___________________
Account No. ______N/A___
Project No. ___________________
WF No. ______________________