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CC - Item 4H - Bank Signature CardsROSEMEAD CITY COUNCIL STAFF REPORT TO: THE HONORABLE MAYOR AND CITY COUNCIL FROM: ANDREW C. LAZZARETTO, CITY MANAGE DATE: APRIL 24, 2007 SUBJECT: BANK SIGNATURE CARDS SUMMARY The City of Rosemead requires several different bank accounts to efficiently operate its financial matters. Authorized signers on the City's bank accounts include all Councilmembers; City Clerk; City Manager; Assistant City Manager and Chief Financial Officer. Banks require new signature cards to be completed upon any changes in the list of authorized signers. Staff Recommendation Staff recommends that the City Council authorize Chief Financial Officer, Lisa Pedote be named as signers on the various City of Rosemead Bank Accounts, replacing the name of the former Chief Financial Officer. ANALYSIS With the replacement of the former Chief Financial Officer it is necessary to remove their name as authorized signer and replace their name with the new Chief Financial Officer. PUBLIC NOTICE PROCESS This item has been noticed through the regular agenda notification process. Submitted by: ate- Ael~~ Lisa Pedote Chief Financial Officer APPROVED FOR CITY COUNCIL AGENDA: