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File #: 21-3333    Version: 1 Name: Signatory Change -Sheriff's Police Bank Account
Type: Resolution Status: Approved
File created: 5/18/2021 In control: Board of Commissioners
On agenda: 6/24/2021 Final action: 6/24/2021
Title: PROPOSED RESOLUTION UPDATING THOSE PERSONS WHO ARE AUTHORIZED TO BE SIGNATORIES ON CHECKING AND SAVINGS ACCOUNTS FOR SHERIFF'S POLICE BANK ACCOUNTS 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.; and NOW, THEREFORE, BE IT RESOLVED, that the checking accounts and/or savings accounts at Fifth Third Bank for the following purposes be updated for the Sheriff's Police Department, State Forfeiture Holding Account, ERPS Holding Account, 810 Contingency Fund, Special Operations Investigations, DUI Enforcement and Administrative Tow Revenue; 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 t...
Sponsors: TONI PRECKWINKLE (President)

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PROPOSED RESOLUTION

 

UPDATING THOSE PERSONS WHO ARE AUTHORIZED TO BE SIGNATORIES ON CHECKING AND SAVINGS ACCOUNTS FOR SHERIFF’S POLICE BANK ACCOUNTS

 

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.; and

 

NOW, THEREFORE, BE IT RESOLVED, that the checking accounts and/or savings accounts at Fifth Third Bank for the following purposes be updated for the Sheriff’s Police Department, State Forfeiture Holding Account, ERPS Holding Account, 810 Contingency Fund, Special Operations Investigations, DUI Enforcement and Administrative Tow Revenue; 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.                     Leo Schmitz

2.                     Terrence Tabb

3.                     Marlon Parks

4.                     Sojourner Colbert

5.                     Patricia Echols

 

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

 

1.                     Patrick Dwyer

 

BE IT FURTHER RESOLVED, that any funds drawn down 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