HomeMy WebLinkAbout2024-659-11.04.2024Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-659
A RESOLUTION OF THE CITY OF WATERLOO, IOWA,
AUTHORIZING OFFICIAL BANKING SIGNATURES.
WHEREAS, it is necessary for the City of Waterloo to designate and authorize official
banking signatures to facilitate the management of city funds, conduct financial transactions, and
ensure the proper handling of official city financial accounts; and
WHEREAS, specific city officials and personnel need to be authorized to sign checks,
drafts, notes, and orders for the payment and disbursement of city funds; and
WHEREAS, such authorization is essential to maintain accurate financial procedures,
streamline city operations, and safeguard public resources; and
WHEREAS, accounts have been established in the name of the City of Waterloo, Iowa
with Bank Iowa of Waterloo, IA, Community Bank & Trust of Waterloo, IA, Farmers State
Bank of Waterloo, IA, First Security State Bank of Evansdale, IA, Great Western Bank of
Waterloo, IA, Iowa Public Agency Investment Trust of Des Moines, IA, Trust Lincoln Savings
Bank of Waterloo, IA, Heartland B & T of Waterloo, IA, Public Employees Credit Union of
Waterloo, IA, Regions Bank of Waterloo, IA, Stifel Nicolaus & Company, Inc. of Waterloo, IA,
UMB Bank (formerly Bankers Trust) of Des Moines, IA, US Bank of Waterloo, IA, Veridian
Credit Union of Waterloo, IA, Wells Fargo Bank, N.A. of Waterloo, IA wherein may be
deposited any of the funds of the City of Waterloo whether represented by cash, check, note, or
other evidence of debt, and from which deposit withdrawals may be made in the name of the
City of Waterloo, Iowa by duly authorized officials of the city.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. The following individuals are hereby authorized to sign checks, drafts, notes, and
orders for the payment and disbursement of city funds, and to execute documents necessary for
banking transactions on behalf of the City of Waterloo.
• Quentin Hart, Mayor
• Bridgett Wood, Finance Director
• Kim Bahr, Assistant Finance Director
• Doug Anderson, Clerk II
• Ryan Stuber, Clerk II
• Kelley Felchle, City Clerk
• Emily Graham, Financial Analyst
• Shaubhik Roy, Financial Analyst
• Carrie Jackson, Waterloo Convention Center Manager
2. The City Council of the City of Waterloo, Iowa hereby grants the officials of the
Waterloo Police Department named below the authority to sign only on the account designated
as the Waterloo Police Department Property Account at Farmers State Bank.
• Greg Fangman
• Kelsey Gifford
• Ruth Muller
• Michelle Boesen
3. That the Mayor and the Financial Analysts' names shall appear on accounts payable
checks and payroll checks.
Resolution 2024-659
Page 2
4. Any previous authorization of official banking signatures not listed above is hereby
revoked and all financial institutions holding city accounts shall be notified of this change.
5. The City Clerk is directed to provide copies of this resolution to all financial
institutions used by the City of Waterloo and ensure that necessary documentation reflecting
these changes is completed.
6. This resolution shall take effect upon its passage and approval.
PASSED AND ADOPTED this 4t1i day of November 2024.
1 a.t1 Ieu,55
ATTEST: Ray Feuss, Mayor Pro Tem
_Varccu Ili 6
Nancy Higby, Deputy City ,':erk
SEAL
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