HomeMy WebLinkAboutRESOLUTIONS-1965-026-R-65I
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26-R-65
RESOLUTION
WHEREAS, pursuant to the terms of an Act of.the General
Assembly of the State of Illinois adopted and now in force and
t' b d f a bank
effect, it is required that a designa on a ma e o a
banks, or other depository in which the designation be made of Fa
'= f
bank or banks, or other depository -in which the funds and moneys
in the custody of GORDON E. COPELXND as TREASURER and TOWN.COLLECTOR
may be deposited.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City'of Evanston, Illinois that r
Evanston Trust & Savings Bank
Evanston, Illinois
First National Bank & Trust Company, k ''
Evanston, Illinois
National Bank of North Evanston 4 .'
Evanston, Illinois.;
State Bank & Trust Company t
Evanston, Illinois.
Continental.Illinois National Bank & Trust Co.,. {'
of Chicago, Chicago, Illinois 4
The First National Bank of Chicago ,
Chicago, Illinois
The Northern Trust Company -.
Chicago, Illinois
Harris Trust & Savings Bank ;
Chicago, Illinois'
E'
are hereby designated depositories in,which.the,funds and moneys ..;',
of the CITY OF EVANSTON in the custody of GORDON E. COPELAND, ash '
TREASURER and TOWN COLLECTOR may be deposited. - {
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BE IT FURTHER RESOLVED that no bank herein designated
R'
i as a depository shall be qualified to receive•such funds or
moneys until it has furnished the City.Council with copies:of 4 ,,
F .t
x..,•: the"last•two sworn statements of Resources and Liabilities', which',
such bank is required to furnish to the Auditor of Public Accounts,
or to the Comptroller of Currency; and
BE IT FURTHER RESOLVED that each bank designated as.
depository for such funds of moneys shall furnish 'the City, Council '
€ .
with a copy of all bank statements, which it is required to fu_-
nish to the Auditor of Public Accounts, or the Comptroller,.of,__;i
Currency, while acting as such depository; and
BE IT FURTHER RESOLVED that if such funds or moneys are
deposited in a bank herein designated as a depository,,the amounts,';
of such deposits shall not exceed 75%.of the capital stock and
surplus of such bank and the TREASURER and TOWN COLLECTOR sha_'1
not be discharged from responsibility for any such funds or moneys`,,';": }
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deposited in any bank in excess of such limitation.
BE IT FURTHER RESOLVED that the depositories mentioned
herein have furnished that body with copies of their past.two _, '.,'.. = ;-
statements as furnished to the Comptroller of Currency, 'or 4.
Auditor of Public Accounts, which statements are approved and`.
f` accepted. r
ATTE��/
APPROVED�:��'�x�G--�':. -
`r.._ Mayor
City Jerk
,; Adopted �en11,► h� 1965 . ' A9
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