HomeMy WebLinkAboutRESOLUTIONS-1973-007-R-73psi �1�qv�;��
7-R-73
RESOLUTION
WHERNS, 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 funds and moneys in the custody of GORDON .E. COPELAND as TREASURER and
TOWN COLLECTOR may be deposited.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Evanston, Illinois, that
The Evanston Bank
Evanston, Illinois
First National Bank & Trust Company
Evanston, Illinois
National Bank of North Evanston
. Evanston, Illinois
State National Bank
Evanston, Illinois
American National Bank & Trust Company of Chicago
Chicago, Illinois
Continental Illinois National Bank & Trust Co. of Chicago
Chicago, Illinois
_t
First Commercial Bank
Chicago, Illinois
The First National Bank of Chicago
Chicago, Illinois
The Northern Trust Company
Chicago, Illinois
I
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 GORDON E. COPELAND, as TREASURER and
TOWN COLLECTOR may be deposited.
k� r
, rl
Ri +
• 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 or moneys shall furnish the City Council with a copy of all bank
statements, which it is required to furnish 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.
101,
i EST;
•
Clerk
Adopted242
r
APPROVED