RHDC - 2020-06 - Designating the Executive Director, Assistant Executive Director, Director of Finance and Finance Manager as Authorized Signers for the Commission's Bank/Credit Card Accounts RESOLUTION NO. 2020-06 RHDC
A RESOLUTION OF THE ROSEMEAD HOUSING
DEVELOPMENT CORPORATION DESIGNATING THE
EXECUTIVE DIRECTOR, THE ASSISTANT EXECUTIVE
DIRECTOR, THE DIRECTOR OF FINANCE AND THE
FINANCE MANAGER AS AUTHORIZED SIGNERS FOR
THE COMMISSION'S BANK/CREDIT CARD ACCOUNTS
WITH BANK OF AMERICA OR ANY FUTURE
SUCCESSOR BANK
WHEREAS,the Rosemead Housing Development Corporation(RHDC)has authorized staff
to use credit cards issued by Bank of America and other Banks to conduct RHDC financial business,
and
WHEREAS,the Bank of America credit and bank accounts have old authorized signers no
longer with the RHDC, and
WHEREAS, from time to time, staff in authorized positions are hired or separated in
employment with RHDC,bank/credit card authorization signature cards need to be updated to reflect
only those persons currently authorized as signers on the accounts, and
NOW THEREFORE,BE IT RESOLVED,the RHDC does hereby authorize the following
employees of the City as authorized signers on the Bank of America, or other successor bank or
credit card issuers bank/credit card accounts: the Executive Director, the Assistant Executive
Director, the Finance Director and the Finance Officer;
BE IT FURTHER RESOLVED,the RHDC allow these authorized signers to allow other
City/RHDC employees to use City/RHDC credit cards for RHDC financial business only and to
periodically update the names of these authorized employees as they are hired or terminate their
employment with the City/RHDC.
PASSED,APPROVED,AND ADOPTED this 23rd day of June, 2020.
C°57,, 47414z, Art 2 fiA,r
Sandra Armenta, Corporation Preside.
APPROVED AS TO FORM: ATTEST:
'ache ' 'chman, Corporation Attorney Ericka Hernandez, Corporation Secretary •
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF ROSEMEAD )
I,Ericka Hernandez, Corporation Secretary to the Rosemead Housing Development Corporation
of the City of Rosemead, California, do hereby certify that the foregoing Corporation
Resolution No. 2020-06 RHDC, was duly adopted by the Board of the Rosemead Housing
Development Corporation, at a regular meeting thereof held on the 23rd day of June, 2020,
by the following vote, to wit:
AYES: ARMENTA, CLARK, DANG, LOW, LY
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Ericka Hernandez, Corporation Secretary