RESOLUTION NO . -----
A RESOLUTION OF THE COUNCIL OF THE CITY OF
FRESNO, CALIFORNIA, AUTHORIZING CERTAIN
FINANCE OFFICERS OF THE CITY OF FRESNO TO SIGN
CITY CHECKS AND VARIOUS INVESTMENT AND
COMMERCIAL BANKING DOCUMENTS, AND TO
PROVIDE VERBAL INSTRUCTION REQUIRED FOR THE
PRUDENT FINANCIAL ADMINISTRATION AND
SAFEKEEPING OF CITYFUNDS
WHEREAS, the City of Fresno (the City) is a chartered city duly organized and existing under and pursuant to the provisions of the Constitution of the State of California and the Charter of the City; and
WHEREAS, Charter Section 804 establishes the position of Controller to be appointed by the Chief Administrative Officer with the approval of the Council, to have the authority and responsibility for the administration of the financial affairs of the City; and, WHEREAS, Fresno Municipal Code Section 7-901 names the Controller for the City of Fresno as the ex-officio Treasurer of the City of Fresno; and WHEREAS, the effective and efficient execution of the financial affairs of the City requires that certain Finance Officers be appointed and authorized to sign City checks, sign various investment and commercial banking documents, approve electronic transfers of funds, and provide verbal instructions in connection with the prudent administration and safekeeping of City Funds; and
WHEREAS, it is the intention of the Controller/Finance Director/(ex-officio) Treasurer to delegate the authority granted by Charter Section 804 to perform the aforementioned financial transactions and to provide for Council's approval a list of Date Adopted:
Date Approved:
Effective Date: w
City Attorney Approval : ~
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Resolution No.
responsible Finance Department employees, along with their exemplar signatures , to be designated as Finance Officers,
NOW THEREFORE, IT IS RESOLVED by the Council of the City of Fresno, as follows:
1. The Controller/Finance Director/( ex-officio) Treasurer for the City of Fresno, and the Finance Department employees, all of whose names and signatures are shown below, are designated as Finance Officers of the City of Fresno.
2. The Controller/Finance Director/( ex-officio) Treasurer is authorized to sign City checks with either his handwritten or facsimile signature acting alone. Any two of the other three Finance Officers designated herein, acting together, are authorized to sign City checks by facsimile or handwritten signature.
3. The Controller/Finance Director/( ex-officio) Treasurer acting alone, or any two of the other three Finance Officers designated herein acting together, are authorized to sign various investment and commercial banking documents, approve electronic transfers of funds, or provide verbal instruction to investment and banking representatives as necessary for the prudent financial administration and safekeeping of City funds.
4. The following five specimen signatures shall be officially recognized until this authority is rescinded by a subsequent Resolution of the Council.
Ru&~~City Mangaer
( ex-offti o) Treasurer
, nt Finance Director/City Controller
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Roberta Cope, PrincipaiAccou ntant
Corrina Barbarite, Treasury Officer
5. All prior Resolutions pertaining to the authorization of Finance Officers are hereby rescinded.
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SATE OF CALIFORNIA )
COUNTY OF FRESNO ) ss.
CITY OF FRESNO )
I, TODD STERMER, City Clerk of the City of Fresno, certify that the foregoing resolution was adopted by the Council of the City of Fresno, California, at a regular meeting thereof, held on the __ day of _ _____ 2023.
AYES
NOES
ABSTAIN:
ABSENT:
APPROVED AS TO FORM:
ANDREW JANZ
City Attorney
By: ---------- -
Brandon M. Collet Date
Supervising Deputy City Attorney
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TODD STERMER, CMC
City Clerk
By: ________ _
Date
Deputy