1985-12-10 - Resolution 1985-71 - BANK OF BUFFALO GROVE IS DESIGNATED A DEPOSITARY OF VBGRESOLUTION NO.85- 71.--.---
I, the undersign ed, Do HacbT ccttifT, that the folowing is a comprete, true and correct copy of certain
resolutione of the Board of Directors Vll1age of Buffalo Grove
(Nre. ot cnrDorrgoE to tult)
a corporation duly organized aud existing under the taws of the State o f I11lnols
(N.Ec o, sr.t rb.!. ot rDlrcd)
which resolutions were duly adopted at a duly called meeting of the said Board, held December l0
8519 a quorum being present, and sre set forth in the minutes of the said meeting;that I am the keepercorporate seal and of the minutes and records of this Corporation; and that the said resolutions havenot been rescinded or modified:
Bc It Rctolrcd, thst t Bank of Buffalo Grove
be and hereby is designated a deposi tary in which the funds of this Corporation may be de-
posited by its ofrcers, agents, and employes, aBd'that +t. Vlllage Treasurer
:Q'
''{t
ahall be and each of them hereby is authorized to endorge for deposit or negotiation any andall checks, drafts, notes, bills of exchangq aarl orders roi itr" pry-"ri J ."""r, "iiiJ" u"longfurg to.or coming into possession or tnL co"po""tion.
-
E,raoislmeri. t"i-a"pi,'.ii' -", u"by -the w-ritten or stamped endorsemeat of the company rrittrout aesignatio, ;l-;;"';;;.""making the endorsemeut. :r
Bc It Frrrthrz Rcsobcd, that th " Vil1a ge ?resl dent. Verna L.Clayton or Vl11age Clerk,
mu and Vll1a e Mana er, Wll11an R. Ballin or
Fl n rector -I^I111iam H.Br 1mm (one must s 1gn)
($u.. ol or0cl'. .DdDc! tb. tbor. D&r.d /or oab.r Dcrtoat .u!. .ar .'o, or ,obur,r. Tt r.u..!, ar!.: rlco DL... t dicra. lo ":{
!!r.)
9f-jlti1_c9tg_8tion (are) (is) authorized to sIGN ANy AND ALL cHECKs, DRAFTS,AND oRDERs, including orders or directions i" inror."r or letter form, against any fundset anv time etanding to the credit of this corpoJi""'*rir, th" r"i; ;;[:;;7"i"'"""i"*any account of this corporation .with the said Bank, and that the E"iIBJI i"i"iy i.authorized to honor any and alt checks, drafts and oia"., "o;is";d;"ffi;diiJr. iill, "the individual order of any such,officer anaTor ott ". plison signing the same, vrithout fur-ther inquiry or resard to the authority ot J"ia om.".iJ -a7* otf,"iG;;i.)';;i; *"of said checks, drafts and orders, or the proceeds ft**i. -
Bc It Futha Rcsolrcd, that th N/
.bov. !.l! d oAtsr .rt to(PlGr- lIdtc.t. b rb E.!D.! rho .an--drtlr. .q, tro. or ,ohru. cac.)
EFC Forrn CR-5
312/495-3990
CORPORATION
of the
,l
poration from the said Bank such sums of money for such times and upon euch mayto them, or any of them, seem advisable,and to execute in the name of the ion notes,diafts, or agreements for the re-paymen t of any sums so they and each ofthem are hereby authorized to discount with the saiil y of the notes, bills receivableor acceptances held by this Corporation terms as they may deem advisable andto pledge or hypothecate as sec Bank any of the notes, bonds, stocks, bills receiv-able, warehouse receipts other documents, accounts, securities and /or property of theCorporation,an ecu te and deliver any and all endorsements or instruments of assign-ment erwhich may be necessary or proper iu such cages e ffectually to transfer to
Be It Fwthct Rcsol
agreement with the sai
tcd,
contemporaneou sly with the openin g of said account where by said corporation agrees in con-sideration of th e opening of said account to assume and pay all expenses, costs and attorney'sfees incurred by said Bank in an y legal proceedings bro ught against the said Bank
in possession of the said B
by reason
ank to theof the said account and further agrees that any fundscrtdit of this corporation may at any time be applied toward paymetrt of such expenses.
that this cor?oration by its duly authorized agent, enter into snBank of Buffalo Grove
Bc It F,,a:hq Rcwbcd,thet each or r" rolltgoing r€solutiorls shall continue in force un-til express written notice of its rescision or modification has been received by the saiil Bank,but if the authority contained in them should be revoked or terminated by operation of lawwithout such notice, it is resolved and hereby agreed for the purpose of ind-ucing the said
Bank to act thereunder, that the said Bank shall be saved harmless from any loss sufferedor liability incurred by it in so acting after guch revocation or termination without such
notice.
I Fathct Ccttifu lhat the following named persons are the offcers of the s8id Corporation, duly quali-
fied aod now acting as such:
Presiden Verna L. Claytont
Asst.Vice-Presiden+
VicePresiden f vi 1 1a qe ManaEpr I,Ii I I I:m P Be l'l ino
Elnance Director Wtlltam [. Brlmr
In Wirness Whacol,I have hereunto subscribed my name and affixed the seal of the said Corporation,
this 10th day o Decernber , A. D. 19_95_.
,*tYY\ &r"X,"-
vi1 Clerk SEr.?y.
IMPORTANI:
Imprint Seal of
Corporation llere.
Village Pres id ent
Asst. Secretary-.-.-
_Vlllage Clerk Janet M, Slrabian
r:easurer-!94-!9$e!Cgr!e r
. .ltt.
/ SEAI,
I