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TUESDAY, AUGUST 26, 1997
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<br />are hereby authorized, on behalf of this Corporation, and in its name; to sign checks, drafts,
<br />notes, bills of exchange, acceptances, or other orders for the payment of money from said
<br />account; to endorse checks, notes, bills, certificates of deposits, or other instruments, owned or
<br />held by this Corporation, for deposit in said account, or for collection or discount by said Bank;
<br />to accept drafts, acceptances, and other instruments payable at said Bank; to waive presentment,
<br />demand, protest, and notice of protest, or dishonor of any check, note, bill, draft, or other
<br />insgent made, drawn, or endorsed by this Corporation; and,
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<br />FURTHER RESOLVED, that the Bank be and it hereby is authorized to honor, receive,
<br />certify, or pay all instruments signed in accordance with the foregoing resolution even though
<br />drawn or endorsed to the order of any officer or employee signing the same or tendered by him
<br />for cashing, or in payment of the individual obligation of such officer or employee, or for deposit
<br />to his personal account and said Bank shall not be required or be under any obligation to inquire
<br />as to the circumstances of the issuance or use of any instrument signed in accordance with the
<br />foregoing resolutions, or the application or disposition of such instrument or the proceeds
<br />thereof; and,
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<br />FURTHER RESOLVED, that the Clerk of Council of this Corporation shall certify to said
<br />Bank the names of the persons who are at present authorized to act on behalf of this Corporation
<br />under the foregoing resolutions and shall from time to time hereafter, as changes in the
<br />personnel of said officers and employees are made, immediately certify such changes to said
<br />Bank, and said Bank shall be fully protected in relying on such certifications to the Clerk of
<br />Council and shall be indemnified and saved harmless from any claims, demands, expenses, loss,
<br />or damage resulting from, or growing out of honoring the signature of any officer or employee
<br />so certified, or refusing to honor any signature not so certified; and,
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<br />FURTHER RESOLVED, that the foregoing resolutions shall remain in full force and effect
<br />until written notice of their amendment or rescission shall have been received by said Bank, and
<br />that receipt of such notice shall not affect any action taken by said Bank prior thereto; and,
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<br />FURTHER RESOLVED, that all transactions by any of the officers or employees of this
<br />Corporation on its behalf, and in its name, with the Bank prior to the delivery to said Bank of a
<br />certified copy of the foregoing resolutions are, in all respects, hereby ratified, confirmed,
<br />approved and adopted; and,
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<br />FURTHER RESOLVED, that the Clerk of Council be, and he hereby is, authorized and
<br />directed to certify these resolutions to the Bank and that the provisions thereof are in conformity
<br />with the Charter of this Corporation.
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<br />Councilmember Haskell joined the meeting at this time.
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