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HomeMy WebLinkAbout2023-022-09.06.2023RESOLUTION NO. 2023-022 RESOLUTION NAMING DEPOSITORY AND AUTHORIZING OFFICIAL BANKING SIGNATURES FOR WATERLOO FIBER. WHEREAS, accounts have been established in the name of the Waterloo Fiber of Waterloo, Iowa with Community Bank and Trust and Lincoln Savings Bank, wherein may be deposited any of the funds of Waterloo Fiber whether represented by cash, check, note, or other evidences of debt, and from which deposit withdrawals may be made in the name of Waterloo Fiber by duly authorized officials of the municipal telecommunications utility. NOW, THEREFORE, BE IT RESOVED BY THE TELECOMMUNICATIONS UTILITY BOARD OF TRUSTEES OF WATERLOO IOWA, AS FOLLOWS: Section 1. Powers Granted: That the Telecommunications Utility Board of Trustees of Waterloo, Iowa hereby grants the officials named below the authority to sign on Waterloo Fiber’s financial accounts. Andrew Van Fleet, Board Chair Eric Lage, General Manager of Telecommunications Kelley Felchle, Board Secretary Section 2. Accounts Payable and Payroll Checks: That the Board Chair and General Manager of Telecommunications names shall appear on accounts payable checks and payroll checks at such time the municipal telecommunications utility commences printing payroll checks. PASSED AND ADOPTED this 6th day of September 2023. ______________________________ Andrew Van Fleet, Board Chair ATTEST: ______________________________ Kelley Felchle, Board Secretary SEAL