Agenda - Council - 01/04/2011 - Special

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #11- 01 -XXX RESOLUTION AUTHORIZING SIGNATURES FOR FINANCIAL TRANSACTIONS WHEREAS, in order to conduct the business affairs of the City, the Council authorizes two of its members, the City Administrator and certain members of staff to sign financial documents on behalf of the City; and WHEREAS, except for transfers within the City's accounts, this authorization provides for financial control by requiring two signatures on all such financial documents; and WHEREAS, the Council hereby authorizes Kurt Ulrich, City Administrator, or Diana J. Lund, Finance Director, or Denelle McAlpine, Senior Accountant, to sign checks and other withdrawal documents from the City's checking and money market accounts; and WHEREAS, for the purpose of confirming the authenticity of the documents already signed by one of the individuals named above, and consistent with the City's past financial practice which two signatures are required on all such documents, the Council designates Robert P. Ramsey, Mayor, or , Acting Mayor as counter - signatures for all such financial documents; and WHEREAS, fund transfers (this also includes electronic fund transfers for payroll, sales tax, and all other taxes that are required to be deposited electronically) between the City's checking and money market accounts are generally verbal instructions and Kurt Ulrich, City Administrator, or Diana J. Lund, Finance Director, or Denelle McAlpine, Senior Accountant, are authorized to make such transactions. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the Ramsey City Council hereby approves the City's authorized signatures for financial transactions as Kurt Ulrich, City Administrator; Diana J. Lund, Finance Director; and Denelle McAlpine, Senior Accountant and further designates Robert P. Ramsey, Mayor, and , Acting Mayor, as the required counter - signatures. 2) That the Ramsey City Council hereby authorizes Kurt Ulrich, City Administrator; Diana J. Lund, Finance Director; and Denelle McAlpine, Senior Accountant, to make fund transfers between the City's checking and money market accounts.