02/13/1985 Meeting (2) - Laserfiche WebLink

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e e e clearing channels for payment. Depository transfer checks will not and cannot be presented for encashment over the counter at First Interstate Bank of Oregon, N.A. or the First National Bank and Trust Company of Evanston. The checks will be identified with the words "Depository Transfer Check" in the upper left hand corner. Section 3. That the City of Eugene does hereby adopt the facsimile signatures above set forth as true and valid signatures by and of the City and agrees to save and keep the said banks free and harmless from any and all claims or losses of any kind or character resulting from the payment of the checks, drafts or other orders bearing or purporting to bear such facsimile signatures made by stamp, machine or other mechanical device. Section 4. The City Manager is further authorized, pursuant to the City Charter, to sign and execute on behalf of the City of Eugene, grant applications, bonds, contracts, and other docu- ments as may be required from time to time. Section 5. That Resolution NO. 3872 adopted by the City Council on August 8, 1984, and any other Resolution in conflict herewith are hereby repealed. Section 6. The City Recorder is directed to deliver a certifled copy of this Resolution to Pacific Western Bank, First Interstate Bank of Oregon, N.A., the united States National Bank of Oregon, and First National Bank and Trust company'of Evanston, IlYinois. Section 7. That the matters contained herein concern the public welfare, and this Resolution shall be effective immedi- ately upon its passage and remain in full force and effect until amended or repealed by action of the City Council. The foregoing Resolution adopted the 1985. day of , City Recorder Resolution - 2