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File #: 20-1938    Version: 1
Type: Consent Calendar Status: Passed
File created: 10/8/2020 In control: City Council/Public Financing Authority
On agenda: 10/19/2020 Final action: 10/19/2020
Title: Adopt Resolution No. 2020-61 authorizing the Manual and/or Facsimile Signatures of the Chief Financial Officer, the City Treasurer, the Assistant Chief Financial Officer, and the Deputy City Treasurer as persons authorized to execute Financial Transactions in the name of the City of Huntington Beach
Attachments: 1. Att#1 Resolution No. 2020-61
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Oliver Chi, City Manager

PREPARED BY: Alisa Backstrom, City Treasurer

Subject:
title
Adopt Resolution No. 2020-61 authorizing the Manual and/or Facsimile Signatures of the Chief Financial Officer, the City Treasurer, the Assistant Chief Financial Officer, and the Deputy City Treasurer as persons authorized to execute Financial Transactions in the name of the City of Huntington Beach
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Statement of Issue:
In order to facilitate City business with banks and other financial institutions, Resolution No. 2020-61 is being brought forward for City Council consideration to authorize the manual and/or facsimile signatures of the Chief Financial Officer, the City Treasurer, the Assistant Chief Financial Officer, and the Deputy City Treasurer as persons authorized to execute financial transactions in the name of the City of Huntington Beach.

Financial Impact:
Not applicable.

Recommended Action:
recommendation
Adopt Resolution No. 2020-61, "A Resolution of the City Council of the City of Huntington Beach Authorizing the Manual and/or Facsimile Signatures of the Chief Financial Officer, the City Treasurer, the Assistant Chief Financial Officer, and the Deputy City Treasurer as Persons Authorized to Execute Financial Transactions in the name of the City of Huntington Beach."
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Alternative Action(s):
Do not approve the resolution and direct staff accordingly.

Analysis:
Section 1. That Dahle Bulosan, Alisa Backstrom, Sunny Rief, and Joyce M. Zacks are designated as the persons authorized to execute financial transactions in the name of the City of Huntington Beach.
Section 2. That Dahle Bulosan, Alisa Backstrom, Sunny Rief, and Joyce M. Zacks are designated as the persons authorized to execute all checks, drafts, warrants, or other orders for the payment of money drawn in the name of the City of Huntington Beach on deposit with any bank or other financial...

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