City Council Resolution 2000-05RESOLUTION N0. 2000-5
Establishing Automated Clearing House (ACH) Originations Agreement
Depositor/Customer: City of Monticello
Financial Institution: Marquette Bank Account No: 7600017
I, the undersigned, the City Administrator of the City of Monticello named above (the
"Customer'') HEREBY CERTIFY that the Customer is organized and existing under the laws of
the State of Minnesota, with its principal office at 505 Walnut Street, Suite 1, Monticello, MN
55362.
CUSTOMER'S NAME: The City of Monticello is the complete and correct name of the
Customer.
I FURTHER CERTIFY that at a meeting of the City Council of the Customer duly and regularly
called and held on January 24. 2000, at which a quorum was present and voting. the following
resolutions were adopted:
RESOLVED, that the Finance Department of the City of Monticello is hereby authorized to
execute the BOI Automated Clearing House "ACH" Originations Agreement (the "Agreement")
on behalf of the Customer with Marquette Bank, a bank (the "Bank") allowing the Customer to
initiate ACH transfers by means of the automated clearing house operating by the Federal
Reserve Bank with the Bank acting as the Originating Financial Institution, on the Customer's
accounts held at the Bank and designated by the Customer and approved by the Bank in the
Agreement (the "Account's"), in accordance with the terms and conditions of the Agreement.
FURTHER RESOLVED, that any of the following named officers or employees of the
Customer, whose actual signatures are shown below (the Authorized Signor(s)) are authorized,
on behalf of the Customer, to execute any amendments to the Agreement, to execute such other
agreements and to perform such other acts as they deem necessary to carry out the provisions of
these resolutions and the terms of the Agreement.
AUTHORIZED SIGNORS
Name Ric Wol st ll r Title Citv Administrator
Signatl e Date 112- r�y
Name Sue TbibWeauN, Title Bookkeeper
Signature f Date
Name Catherine M. Shuman Title Finance Assistant/MIS
Signature Date //o? 7 Do
FURTHER RESOLVED, that the authority hereby conferred herein shall remain in full force and
effect until written notice of its revocation shall be received by the Bank at its office.
I FURTHER CERTIFY that the persons named above occupy the positions set opposite their
respective names, that the signatures set forth above are genuine and that the foregoing
resolutions are in full force and effect and have not been modified in any manner. The Bank
shall be indemnified and held harmless from any loss suffered or any liability incurred by it in
continuing to act in accordance with this resolution.
IN TESTIMONY WHEREOF, I have hereunto set my hand this 24' day of January, 2000.
City Administrator
(Seal)
M or