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HomeMy WebLinkAboutResolution 1029 SCHEDULE C RESOLUTION AUTHORIZING WIRE TRANSFER OF FUNDS I City Manager 0 City__of Fort Qr h Texas (the "Customer") hereby CERTIFY that at a meeting of the Board of Directors of the Customer, duly held on the --fib— day of NovQmbpr , 19-34_, at which a quorum was present and acting throughout, the following resolu- tions were adopted and said resolutions have not been rescinded, revoked, or modified and are still in full force and effect. WHEREAS, from time to time, the Customer verbally requests Texas American Bank/Fort Worth (the "Bank") to transfer funds to other banks or to other accounts at the Bank for credit to persons designated by the Customer in amounts not to exceed the collected balance on deposit with the Bank, in a manner which makes it incon- venient or impossible to execute prior written authorization, instructions or releases otherwise required by the Bank so that the Bank must have standing instructions upon which to act pursuant to verbal requests for the transfer of funds. NOW, THEREFORE, BE IT RESOLVED, that the officers of the Customer, listed below are hereby authorized to enter into and perform the Agreement attached hereto as Exhibit "A" on behalf of the Customer with the Bank providing for requests for the transmission of funds belonging to the customer upon the terms and conditions set forth in said Agreement, and to delete and appoint such persons, from time to time, who may request such transfers on behalf of the Customer in accordance with such Agreement. The authority conferred herein may be exercised singly by any of such officers and shall continue in full force and effect until written notice of revocation shall be received by the Bank. I further CERTIFY that the office referred to in the foregoing resolution is now held by the following whose signature(s) appears after his/her name: Tit e City Treasurer (Authorize Signature Tit e Controller (Aut orized Sign ture T i t e IN Asst. City Manager th riz "S"_�g ture) Ma on rolleWRHS tAROCC, ' ' C — have her o se my an an sea o sai us omer this day of 19 Secretary President to sign if Secretary is the authorized signer. ) SCHEDULE D OPERATING PROCEDURES All requests for domestic wire transfers of funds received between 8:00 a.m. and 2:45 p.m. will be processed for same day delivery. (Current as of May 1, 1981) Pricing All wire transfers of funds are subject to the following fees: (1) Incoming (credit) transfers to your account $4.00 (2) Outgoing (debit) transfers from your account $6.00 (3) Telephone advice of credit transfer $1.50 (4) Fed. Immediate Notification $3.00 Note that the above fees do not apply to transfers among the various associated accounts (all held at Texas American Bank/Fort Worth) of a single customer. (Current as of February 1, 1984) or upon receipt by Bank's Wire Transfer Department of Customer' s written notice of termination. The indemnification and limitation of liability provisions of this Agreement will survive any such termination. (15) Bank's Operating Procedures are specified in Schedule D attached hereto and made a part hereof. Bank may revise such Operating Procedures or this Agreement by notice to Customer. Please evidence acceptance of this Agreement by signing and dating this Agree- ment and the attached Schedules A through D where appropriate. Accepted this day of 19 CUSTOMER: By: Title: C,m. ACCEPTED: TEXAS AMERICAN BANK/FORT WORTH By: Title: Date Signed: