HomeMy WebLinkAboutResolutions - 1992.07.23 - 20054July 23, 1992
' MISCELLANEOUS RESOLUTION #92155
BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON
IN RE: TREASURER'S OFFICE - DESIGNATION OF DEPOSITORIES FOR PUBLIC MONIES
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies, and Gentlemen:
WHEREAS there now may be in and hereafter from time to time come unto the hands of
the Treasurer of the County of Oakland, Michigan, certain public monies belonging to or held
for the State or otherwise according to law; and
WHEREAS under the laws of Michigan, this Board is required to provide by resolution for
the deposit of all public monies coming into the hands of said Treasurer; and
WHEREAS the Board by Miscellaneous Resolutions #6836, #7045, #7428, #8030,
#84150, and #89005, has designated and published a list of authorized depositories; and
WHEREAS many of the depositories have changed names, merged or combined with
other depositories.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners
designates the following named institutions as authorized depositories for public monies of the
County of Oakland:
The Bank of Bloomfield Hills Metropolitan National Bank of Farmington
Bank One Michigan National Bank
Citizens Commercial & Savings Bank Midwest Guaranty Bank
Comerica Bank NBD
Fidelity Bank National Bank of Royal Oak
First of America Old Kent Bank
First Federal of Michigan Oxford Bank
—First Federal Savings & Loan Association Republic Bank
First Security Savings Bank Security Bank of Commerce
Franklin Bank Security Bank & Trust
Huntington Banks of Michigan Standard Federal Bank
Madison National Bank The State Bank
Manufacturers National Bank
BE IT FURTHER RESOLVED that the banks so designated are hereby requested, directed
and authorized to honor all checks for payment of money drawn on the various accounts when
bearing or purporting the actual or facsimile signature of the Treasurer of the County of Oakland
or his designated deputies.
Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the
foregoing resolution.
FINANCE COMMITTEE
July 23, 1992 Resolution #
Moved by Caddell supported by Moffitt the resolution be adopted.
Moved by Serra supported by Daks the resolution be amended by deleting
First Federal Savings & Loan Association from the names of institutions as
authorized depositories.
AYES: Caddell, Crake, Ferrens, Gosling, Huntoon, Krause, Law, McConnell,
McCulloch, McPherson, Millard, Moffitt, Oaks, Obrecht, Palmer, Pappageroge, Pernick,
Price, Schmid, Serra, Skarritt, Wolf, Aaron, Bishop. (24)
NAYS: Olsen. (1)
A sufficient majority having voted therefor, the amendment carried.
Vote on resolution as amended:
AYES: Crake, Ferrens, Gosling, Huntoon, Jensen, Johnson, Krause, Law,
McConnell, McCulloch, McPherson, Millard, Moffitt, Oaks, Obrecht, Olsen, Palmer .,
Pappageorge, Pernick, Price, Schmid, Serra, Skarritt, Wolf, Aaron, Bishop,
Caddell. (27)
A sufficient majority having voted therefor, the resolution, as
amended, was adopted.
• STATE OF MICHIGAN)
COUNTY OF OAKLAND
I, Lynn D. Allen, Clerk of the County of Oakland, do hereby certify that the foregoing
resolution is a true and accurate copy of a resolution adopted by the Oakland County
Board of Commissioners on July 23, 1992
with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County
of Oakland at Pontiac, Michigan this 23rd day of-) July i., 199? ,,.,:,
.1".,---."-x....4........,..,.. .4). Cl../fr-z.._.-- Lynn,(0. Allen, County C)erk