HomeMy WebLinkAboutRes 54-83 12/06/1983
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RESOLUTION NO.
54-83
A RESOLUTION DESIGNATING CITIBANK AS A DEPOSITORY
FOR THE VILLAGE OF MOUNT PROSPECT
WHEREAS, the corporate authorities of the Village of
Mount Prospect do from time to time find it necessary
to designate certain banking institutions as despositories
for specified funds of the Village; and
WHEREAS, the corporate authorities of the Village of
Mount Prospect find it necessary to designate CITIBANK
as a depository under subaccount No. 3890-5067, which
subaccount shall be for the purpose of payment of claims
under the self-insurance program established by the
Village of Mount Prospect for property, casualty; and
workers' compensation insurance.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY,
ILLINOIS:
SECTION ONE: That the corporate authorities of the
Village of Mount Prospect do hereby authorize and designate
CITIBANK to establish subaccount, No. 3890-5067, and
authorize those persons duly qualified to administer said
account.
SECTION TWO: That a certified copy of this Resolution be
forwarded to CITIBANK by the Village Clerk.
SECTION THREE: That this Resolution shall be in full force
and effect from and after its passage and approval in the
manner provided by law.
AYES:
Arthur, Farley, Floros, Murauskis, Van Geem, Wattenberg
NAYS:
None
ABSENT: None
I PASSED and APPROVED this 6th day of
December
,1983.
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Mayor 7
ATTEST:
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Village Clerk