HomeMy WebLinkAboutResolutions - 1997.11.20 - 25149MISCELLANEOUS RESOLUTION #97246 November 29, 1997
BY: FINANCE AND PERSONNEL COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON
RE: TREASURER'S OFFICE-AUTHORIZED DEPOSITORIES FOR PUBLIC MONIES
TO: THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies, and Gentlemen:
WHEREAS, State of Michigan, P.A. 40 of 1942, as amended, requires the Board
of Commissioners to provide by resolution for the deposit of all public monies
coming into the hands of the County Treasurer; and
WHEREAS, the Board of Commissioners' Miscellaneous Resolutions #6836,
#7045, #7428, #8030, #84150, #89005, and #92155 have authorized depositories;
and
WHEREAS, this Miscellaneous Resolution will supersede all of the other
Miscellaneous Resolutions mentioned above; 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 financial institutions as authorized depositories
for public monies held by the County Treasurer:
The Bank of Bloomfield Hills
Citizens Banking Corporation
Comerica Incorporated
Crestmark Financial Corporation
D & N Financial Corporation
Fentura Bancorp Inc.
Fidelity Financial Corporation
First Federal of Michigan
First Michigan Bank Corporation
First of America Bank Corporation
Flagstar Bank
Franklin Bank NA
Great Lakes National Bank of Michigan
Huntington Bankshares Inc.
Madison Bank Corporation
Metro Bancorp Inc.
Michigan Heritage Bank
Michigan National Bank
Midwest Guaranty Bancorp Inc.
First Chicago-NBD Corporation
Old Kent Financial Corp.
Oxford Bank Corporation
Republic Bancorp Inc.
Standard Federal Bank
Sterling Savings Bank & Trust
BE IT FURTHER RESOLVED that the authorized depositories are hereby
authorized to honor all checks, electronic transfers, or other automated
instruments for payment of money drawn on the various accounts when bearing or
purporting the actual or facsimile signature or authorization of the Treasurer
of the County of Oakland or his designated deputies.
Chairperson, on behalf of the Finance and Personnel Committee, I move the
adoption of the foregoing resolution.
FINANCE AND PERSONNEL COMMITTEE
HE FOPFP.rwors
//2.14A
rson. County Executive Date
Resolution #97246 November 20, 1997
Moved by Douglas supported by Jensen the resolution be adopted.
AYES: Coleman, Dingeldey, Douglas, Garfield, Holbert, Huntoon, Jacobs,
Jensen, Johnson, Kingzett, Law, McPherson, Moffitt, Obrecht, Palmer, Powers,
Schmid, Taub, Wolf, Amos. (20)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution 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 November 20, 1997 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
CeCounty of Oakland at Pontiac, Michigan this 20th day f vemb 99 .
Lynri D. Allen, County Clerk
