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File #: 16-0937    Version: 1 Name: UPDATING THOSE PERSONS WHO ARE AUTHORIZED TO BE SIGNATORIES ON CHECKING AND SAVINGS ACCOUNTS FOR CHICAGO HIDTA
Type: Resolution Status: Approved
File created: 1/5/2016 In control: Board of Commissioners
On agenda: 2/10/2016 Final action: 2/10/2016
Title: PROPOSED RESOLUTION UPDATING THOSE PERSONS WHO ARE AUTHORIZED TO BE SIGNATORIES ON CHECKING AND SAVINGS ACCOUNTS FOR CHICAGO HIDTA WHEREAS, The Cook County Board of Commissioners has the legal authority to authorize its departments and offices to open and maintain checking and savings accounts at various banks; and WHEREAS, it is now necessary to update those persons who are authorized to be signatories on these checking and savings accounts. NOW, THEREFORE, BE IT RESOLVED, that the checking account and/or savings accounts at Amalgamated Bank of Chicago for the following purposes be updated for the Chicago HIDTA, Chicago HIDTA Petty Cash, Chicago HIDTA Contingency Services and Chicago HIDTA Contingency - PE/PI; and BE IT FURTHER RESOLVED, the following are the names of those persons who are authorized to sign checks on these checking and/or savings accounts and that the signatories of at least two (2) of these shall be required on each check: 1. Nicholas J. Roti ...
Sponsors: TONI PRECKWINKLE (President)

title

PROPOSED RESOLUTION

 

UPDATING THOSE PERSONS WHO ARE AUTHORIZED TO BE SIGNATORIES ON CHECKING AND SAVINGS ACCOUNTS FOR CHICAGO HIDTA

 

WHEREAS, The Cook County Board of Commissioners has the legal authority to authorize its departments and offices to open and maintain checking and savings accounts at various banks; and

 

WHEREAS, it is now necessary to update those persons who are authorized to be signatories on these checking and savings accounts. 

 

NOW, THEREFORE, BE IT RESOLVED, that the checking account and/or savings accounts at Amalgamated Bank of Chicago for the following purposes be updated for the Chicago HIDTA, Chicago HIDTA Petty Cash, Chicago HIDTA Contingency Services and Chicago HIDTA Contingency - PE/PI; and

 

BE IT FURTHER RESOLVED, the following are the names of those persons who are authorized to sign checks on these checking and/or savings accounts and that the signatories of at least two (2) of these shall be required on each check:

 

                     1. Nicholas J. Roti

                     2.  James Swistowicz

                     3.  Don J. Rospond

                     4.  George Karountzos.

 

BE IT FURTHER RESOLVED, that the following person heretofore designated to be signatory shall be deleted:

 

                     1. Kurt F. Schmid

 

BE IT FURTHER RESOLVED, that any funds drawn on said account for deposit with the Cook County Treasurer/Comptroller be transmitted to the Cook County Comptroller with an itemization of collections and designation of account in the Office of the Comptroller.

end