FA Resolution 1998-004 RESOLUTION NO. fa98 - 04
A RESOLUTION OF THE FINANCING AUTHORITY OF THE
CITY OF LA QUINTA, CALIFORNIA, CERTIFYING TO BNY
WESTERN TRUST COMPANY THAT THE CITY OF LA
QUINTA, CALIFORNIA DULY ADOPTED THE FOLLOWING
RESOLUTION AND THAT SUCH RESOLUTION IS IN FULL
FORCE AND EFFECT
BE IT RESOLVED that the Employees whose names appear below, acting alone,
be and hereby are authorized and empowered to enter into a Custody Agreement with
BNY Western Trust Company substantially in the form attached hereto with such
changes thereto as the person executing the same shall deem advisable. The
execution of such Agreement by such person to be conclusive evidence of such
approval; and
Name Title
Thomas P. Genovese Executive Director
John M. Falconer Finance Director/Treasurer
BE IT RESOLVED that any one of the following:.perso. ns, acting alone, be and
hereby are authorized from time to time to designate in writing to BNY Western Trust
Company those officers, employees and other agents of this organization who will be
authorized to issue instructions under such Agreement, including, without limitation,
with respect to the deposit or withdrawal of cash and deposit, withdrawal, purchase
or sale of securities and other property without limitation as to price, items or
conditions and otherwise to deal therewith, all pursuant to the provisions of such
Custody Agreement; and
Name Title
Thomas P. Genovese Executive Director
John M. Falconer Finance Director/Treasurer
BE IT RESOLVED that notice of any change in these resolutions be
communicated in writing .to BNY Western Trust Company, and until BNY Western
Trust Company has actually received such notice, it is authorized to act pursuant to
these resolutions.
PASSED, APPROVED AND ADOPTED this 15th day of September, 1998, by the
following vote:
AYES: Board Members Adolph, Henderson, Pe~a, Sniff, Chairman Perkins
NOES: None
ABSENT: None
JOHN 3. ;E~A, C~a~rman
La Quinta Financing Authority
La Quinta Financing Authority
APPROVED AS TO FORM:
DAWN HONEYWELl', Attorney
La Quinta Financing Authority