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HomeMy WebLinkAboutRes 21-06 Changing Authorized Signers on all Solana PID depository accounts with US BankTOWN OF WESTLAKE RESOLUTION NO.21-06 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, CHANGING THE AUTHORIZED SIGNERS ON ALL TOWN OF WESTLAKE SOLANA PID DEPOSITORY ACCOUNTS WITH US BANK. WHEREAS, authorized signers of the Town of Westlake's depository accounts may require amendments at certain times due to changes in structure and/or personnel; and WHEREAS, due to the current need to change authorized signers on the Town's bank accounts, it is necessary to change the authorized signers on all Town of Westlake Solana PID depository accounts with US Bank; and WHEREAS, signers on the Town of Westlake Solana PID depository accounts have previously included the Town Manager and the Finance Director; and WHEREAS, the Town Council finds that the passage of this resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That the Town of Westlake Council hereby designates the current, and any future, Town Manager and Finance Director as authorized signers on all Town of Westlake Solana PID depository accounts with US Bank. SECTION 3: If any portion of this resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this resolution without the invalid provision. SECTION 4: That this resolution shall become effective from and after its date of passage. Resolution 21-06 Page 1 of 2 PASSED AND APPROVED ON THIS Vt DAY OF MARCH 2O21. ATTEST: Todd/Wood, Town Secretary APPROVED AS TO FORM: AA&' 'C" L. Stanton Lowry, Town Attorney Laura, . Wheat, Mayor Amanda DeGan, Town Manager Resolution 21-06 Page 2 of 2