2015-34 RESOLUTION NO. 2015 - 34
A RESOLUTION FOR EXTENSIONS OF CREDIT
AT WINTRUST BANK FOR PURCHASING CARD PROGRAM
WHEREAS, a responsibility exists to maintain stewardship over the financial resources
that are used to deliver government services, and;
WHEREAS, the purchasing card program was originally approved October 1, 2009, and;
WHEREAS, the Procurement Policy revising the purchasing card program was approved
August 3, 2015, and-,
WHEREAS, the purchasing card program creates efficiencies in purchasing and reduces
the demand on manual checks and use of petty cash and;
WHEREAS, the Village has a Purchasing Card Policy in force, and-,
WHEREAS, the Village will open a new account with First Bankeard in partnership with
Wintrust Bank to provide purchase cards to named employees in the Policy.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES,
ILLINOIS AS FOLLOWS:
1. The Village of Buffalo Grove does hereby authorize the Village of Buffalo Grove
Finance Director to open a purchase card account at First an card in partnership
with Wintrust Bank and execute the Resolutions and Extensions of Credit and
Incumbency Certificate.
AYES: 6 —Bcnn an, Tril I i ng, Stein, Otten lieinier, Wcidenfe Id, J o linsoii
NAYES: 0 - None
ABSENT: 0 - one
PASSED: December 21, 2015.
APPROVED: December 21, 2015.
APPROVE:
Ago. A,
I OEPOO Iq -an A 41L% Z
Beverly Suss LIZbhn, village President
ATTEST:
Janet M. Sirabian, Village Clerk