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HomeMy WebLinkAboutResolution 24-29 Authorized Signers First Fin Bank, TexPool, TexClassTOWN OF WESTLAKE RESOLUTION NO.24-29 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, AMENDING THE AUTHORIZED SIGNERS ON THE TOWN OF WESTLAKE AND WESTLAKE ACADEMY DEPOSITORY ACCOUNTS WITH FIRST FINANCIAL BANK, TEXAS CLASS, AND TEXPOOL. WHEREAS, authorized signers of the Town of Westlake and Westlake Academy's depository accounts may require amendments at certain times due to changes in structure and/or personnel; and WHEREAS, due to elected official changes, it is necessary to change the authorized signers on the Town of Westlake and Westlake Academy's accounts with First Financial Bank, Texas CLASS and TexPool; and WHEREAS, signers on the Town and Academy accounts include the Town Manager or designee, Director of Finance, Mayor, and the Mayor Pro Tem. The Director of Finance's signature appears on all checks, with the Town Manager, Mayor, or Mayor Pro Tem signing all checks exceeding $10,000; 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 Wade Carroll (Town Manager), Cayce Lay Lamas (Director of Finance), Kim Greaves (Mayor), and the Mayor Pro Tem, as nominated and approved during the Council meeting on May 20, 2024, as authorized signers of the Town of Westlake and Westlake Academy's depository accounts with First Financial Bank, Texas CLASS, and TexPool. 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. Resolution 24-29 Page 1 of 2 SECTION 4: That this Resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 20TH DAY OF MAY 2024. ATTEST: Kim Grea es, ay r '60x'nx AjU41&4*✓ Dianna Buchanan, Interim Town Secretary APPR VED AS TO FORM: L. Stan o , owry, Town Attorney Resolution 24-29 Page 2 of 2