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RES NO 12-02-2018 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO./a - 02-2018 BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN, ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION RELATING TO SIGNATURE CARDS FOR THE CITY OF VAN BUREN. WHEREAS, Mayor Bob Freeman will be leaving his position effective December 31, 2018; and WHEREAS, Mayor-Elect Joe Hurst will be sworn in to the position of Mayor effective January 1, 2019; and WHEREAS, it is necessary to authorize signatures of certain individuals to draw vouchers on funds deposited in various banks by the City of Van Buren,Arkansas; and WHEREAS, it is also necessary to authorize signatures of certain individuals for entry into Safety Deposit Box or Boxes now leased by the City of Van Buren, Arkansas, or leased by them in the future. NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS,THAT: SECTION 1: Effective January 1, 2019, the said bank or banks are hereby authorized to pay out funds on deposits with them from time to time to be credited to the City of Van Buren, Arkansas, upon vouchers drawn upon said banks and signed by any combination of the following two persons: Mayor Joe Hurst, City Clerk-Treasurer Phyllis Thomas, Administrative Assistant Jennifer Froud, or Deputy City Clerk Connie Hyatt. SECTION 2: Effective upon passage of this resolution, the said bank or banks are authorized to allow into Safety Deposit Box or Boxes now in the name of the City of Van Buren,Arkansas, by the Mayor Joe Hurst, or the City Clerk-Treasurer Phyllis Thomas, or Administrative Assistant Jennifer Froud, or Deputy City Clerk Connie Hyatt, or by any one of them. SECTION 3: Mayor Joe Hurst, City Clerk-Treasurer Phyllis Thomas, Administrative Assistant Jennifer Froud, and Deputy City Clerk Connie Hyatt, are authorized and directed to sign signature cards with each of the banks to carry out the purposes of this Resolution. SECTION 4: The City Clerk-Treasurer is directed to furnish a copy of this Resolution under the Seal of the City of Van Buren,Arkansas,to each of the banks with which the City has or will have Depository arrangements and/or Safety Deposit Boxes. IN WITNESS WHEREOF,the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of La for and U against,the foregoing Resolution at its regular meeting held on the 17th day of December 2018. .1 _ - - Robert-i.— v Mayor ATTESTED: AP' 'OVE AS TO ORM: —,4111 J Phy lis Thomas Candice A. Settle City Clerk City Attorney