RESOLUTION NO. PFA_
A RESOLUTION OF THE CITY OF MERCED
PUBLIC FINANCING AND ECONOMIC
DEVELOPMENI AUTHORITY AUTHORIZING
SIGNATURE OF AUTHORITY CHECKS
THE CITY OF MERCED PUBLIC FINANCING AND ECONOMIC
DEVELOPMENT AUTHORITY DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. In order to carry out her functions, M. Venus Rodriguez (Finance Officer) or, in her absence, Kuljit Singh, (Deputy Finance Officer) or, in his absence, Frank Quintero (Deputy Executive Director), or in his absence, D.
Scott McBride (Executive Director) are hereby authorized to sign City of Merced Public Financing and Economic Development Authority ("Authority") checks and other documents evidencing payment of Authority funds on behalf of the Authority and to use a facsimile signature therefore.
SECTION 2. The banks, as designated depositories of the Authority, are hereby requested, authorized and directed to honor all checks, drafts or other orders for payment of money drawn in the name of the Authority on its accounts when bearing one of the signatures authorized by Section 1 of this Resolution.
SECTION 3. The Finance Officer is authorized to establish regulations consistent with this policy relating to the signing of checks or other documents evidencing payment of Authority.
SECTION 4. All other resolutions relating to the authority to sign checks and other documents evidencing payment of Authority funds on behalf of the Authority are hereby repealed.
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X: Resolutions 2024\PFEDA/Authorizing Signature of Checks.docx 1 PASSED AND ADOPTED by the City of Merced Public Financing and Economic Development Authority at a regular meeting held on the _ _day of 2024, by the following vote:
AYES: Authority Members:
NOES: Authority Members:
ABSENT: Authority Members:
ABSTAIN: Authority Members:
APPROVED:
MATTHEW SERRATTO, CHAIRMAN
Chairman
ATTEST:
D. SCOTT MCBRIDE, AUTHORITY SECRETARY
BY:
Assistant/Deputy Authority Secretary
(SEAL)
APPROVED AS TO FORM:
CRAIG J. CORNWELL, GENERAL COUNSEL
Sais Cornwell 1/2/24
Authority General Counsel
X: \Resolutions\2024\PFEDA/Authorizing Signature of Checks.docx 2