CC - Item 3H - Bank Signature CardsE M f
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ROSEMEAD CITY COUNCIL
STAFF REPORT
TO: THE HONORABLE MAYOR AND CITY COUNCIL
FROM: OLIVER CHI, CITY MANAGER
DATE: OCTOBER 9, 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 Council
Members, City Clerk, City Manager and Assistant City Manager. 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 The City Manager, Assistant City
Managers and City Clerk as signers on the various City bank accounts.
ANALYSIS
With the changes in staff that have been completed recently, it is necessary to remove
the names of the former employees authorized as signers and replace them with the
names of the new employees.
PUBLIC NOTICE PROCESS
This item has been noticed through the regular agenda notification process.
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APPROVED FOR CITY COUNCIL AGENDA.