HomeMy WebLinkAboutRESOLUTIONS-1964-034-R-642J3
RESOLUTION
WHEREAS, pursuant to the terms of an Act of the General
• Assembly of the State of Illinois adopted and now in force and
effect, it is required that a designation be made of a bank or
banks, or other depository in which the designation be made of a
bank or banks, or other depository in which the funds and moneys
in the custody of NOREEN RAUEN as TREASURER and TOWN COLLECTOR
may be deposited.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Evanston, Illinois, that
Evanston Trust & Savings Bank
Evanston, Illinois
First National Bark & Trust Company
Evanston, Illinois
National Bank of North Evanston
Evanston, Illinois
State Bank & Trust Company
Evanston, Illinois
• Continental Illinois National Bank & Trust Co.
of Chicago, Chicago, Illinois
The First National Bank of Chicago
Chicago, Illinois
The Northern Trust Company
Chicago, Illinois
Harris Trust & Savings Bank
Chicago, Illinois
are hereby designated depositories in which the funds and moneys
of the CITY OF EVANSTON in the custody of NOREEN RAVEN, as
TREASURER and TOWN COLLECTOR may be deposited.
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BE IT FURTHER RESOLVED that no bank herein'designated,
as a depository shall be qualified to receive such funds or
moneys until it has furnished the City Council with copies of
the two last 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 fur-
nish to the Auditor of Public Accounts, or the Comptroller of
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 shall
not be discharged from responsibility for any such funds or moneys
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
Auditor of Public Accounts, which statements are approved and
accepted.
ATTEST:
/s/ MAURICE F: BROWN
City Clerk_
APPROVED Is/ JOHN D: K4ERY
Maycr
Adopted November 30 , 1964
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