HomeMy WebLinkAboutResolutions - 2001.07.19 - 26408MISCELLANEOUS RESOLUTION #01178 , .
July 19, 2001
BY: FINANCE COMMITTEE, SUE ANN DOUGLAS, C#AIRPERSON
RE: TREASURER'S OFFICE - AUTHORIZED DEPOSITORIES FOR PUBLIC FUNDS
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, #92155 and #97246 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
Bank of Rochester
Bank One Michigan
Citizens Banking Corporation
Clarkston Bank
Comerica Bank
Crestmark Financial Corporation
Fentura Bancorp Inc. (State Bank)
Fidelity Bank of Michigan
First Bank - Mt. Pleasant
First Federal of Michigan
Flagstar Bank
Franklin Bank NA
Huntington Bank of Michigan
Metro Bankcorp
Michigan Heritage Bank
Michigan National Bank
Midwest Guaranty Bank
National City Bank
North Oakland Community Bank
Fifth Third Bank
Oxford Bank Corporation
Peoples State Bank
Republic Bancorp Inc.
Standard Federal Bank
TCF Bank of Michigan
Warren Bank
Succeeding banks, as a result of mergers and or acquisitions, from the above list,
shall also be deemed as authorized.
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 Committee, I move the adoption of the
foregoing resolution.
FINANCE COMMITTEE
FINANCE COMMITTEE
Motion carried unanimously on a roll call vote with Moss absent.
HE RESOI..!
G. William Caddell, County fflel.
Resolution #01178 July 19, 2001
Moved by Moss supported by Dingeldey the resolutions on the Consent
Agenda be adopted (with accompanying reports being accepted).
AYES: Appel, Brian, Buckley, Causey-Mitchell, Coleman, Crawford,
Dingeldey, Douglas, Galloway, Garfield, Gregory, Law, McPherson, Melton,
Millard, Moffitt, Moss, Obrecht, Palmer, Patterson, Suarez, Taub, Webster,
Amos. (24)
NAYS: None. (0)
A sufficient majority having voted therefore, the resolutions on the
Consent Agenda were adopted, with the accompanying reports being accepted.
arson. County Executive
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STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, G. William Caddell, 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 19, 2001 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 19 th,deplay okJuly, 2001.