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HomeMy WebLinkAboutCC Resolution 8487 (Credit Card Accommodations)RESOLUTION NO. 8487 RESOLUTION OF THE SAN RAFAEL CITY COUNCIL TO OBTAIN CREDIT CARD ACCOMMODATIONS FROM BANK OF MARIN WHEREAS, the City of San Rafael desires to obtain financial accommodation from Bank of Marin (hereinafter called "Bank") , pursuant to the use of four of Bank's Credit Cards by the officers and agents of the City of San Rafael; and WHEREAS, the City of San Rafael intends to authorize its officers and agents to use such Credit Cards for and in connection with City of San Rafael business; and WHEREAS, the City of San Rafael desires that such Credit Cards be issued in the names) of officers and agents to be designated to Bank by the City of San Rafael and that all indebtedness incurred through the use of such Credit Cards or any of them be charged directly to the City of San Rafael; and WHEREAS, Bank will not extend such accommodations by issuing such Credit Cards unless the City of San Rafael agrees to assume sole responsibility for the use of such Credit Cards.or any of them, and to pay Bank for all indebtedness incurred by use of such Credit Cards or any of them, where such use or indebtedness was authorized by the City of San Rafael. NOW, THEREFORE, BE IT RESOLVED that the City of San Rafael apply to Bank for the issuance of Credit Cards with a credit limit of $2,500 in the names) of officers and agents of the City of San Rafael as designated to the Bank by the Treasurer. BE IT FURTHER RESOLVED that the City of San Rafael agrees to assume sole responsibility for the use of such Credit Cards or any of them, and to pay Bank for all indebtedness incurred by use of such Credit Cards or any of them, where such use or indebtedness was authorized by the City of San Rafael. BE IT FURTHER RESOLVED that Bank is authorized to act upon this resolution until written notice of its revocation is delivered to Bank, and that the authority hereby granted shall apply with equal force and effect to the successors in office of the officers herein named. I, JEANNE M. LEONCINI, Clerk of the City of Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a REGULAR meeting of the City Council of said City held on --WNDAY , the 19th day of August , 1991, by the following vote, to wit: AYES: COUNCILMEMBERS: Boro, Breiner, Shippey, Thayer & Mayor Mulryan NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: NoR1 G I 111H AL n�+t �1 JEANAt. City Clerk