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08-20 RESOLUTION NO. 08-20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA,AUTHORIZING AND RATIFYING BANKING SERVICES WITH UNION BANK AND DESIGNATING THE PERSONS AUTHORIZED TO TRANSACT BUSINESS ON BEHALF OF THE CITY Whereas, the City of Menifee has incorporated on October 1, 2008 as a general law city; and Whereas, the City of Menifee issued a Request for Proposal (RFP)to obtain necessary banking services; and Whereas, Union Bank of California responded to the City's RFP. NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. APPROVAL OF BANKING AGREEMENT. The City of Menifee authorizes Union Bank of California to open an account in the City's name and for the City's business use and authorizes the City Manager or the Interim Finance Director to approve an agreement with Union Bank. SECTION 2.AUTHORIZED SIGNATORIES. The City of Menifee authorizes the following signatories to transact business on behalf of the City of Menifee: Wallace W. EdgertorX, Mayor L�u Darcy Kuen i, yor Pro-Te Fr T an, III,,Councilmember X16- Scott A. Mann, C uncilmem er Cou ilm' er f. Geo r a Wentz, Inteirir anager ryompson, City Treasurer 4826-4472-5763.1 PASSED,AnP�,z'�P�R�OVED AND ADOPTED this 1st day of October, 2008, as follows: Ayes6*)nwL-,��21�`' Noes: Absent: Abstain: Wallace W. Edgerton, Mayor Attest: I Kathy Bennett, City Clerk Approved as to form: Elizabeth Martyn, Interim City Attorney 4826-4472-5763.1