HomeMy WebLinkAboutRESOLUTIONS-1972-035-R-72�M
35-R-72
RESOLUTION
WHEREAS, the City of Evanston utilizes the services. of the
Federal Reserve Bank of Chicago for the safekegeping of United
States Government securities pledged to the City or by any of its
agencies or departments, upon terms and conditions prescribed by
said bank;
THEREFORE, BE IT RESOLVED, by the City Council of the City
of Evanston, Illinois:
First, that such securities deposited for safekeeping with
Federal Reserve Bank of Chicago may be released from safekeeping,
delivered, sold, redeemed, exchanged, or otherwise disposed of
• upon instructions signed'by any two of the following: City
Treasurer, Deputy City Treasurer, City Comptroller, or Deputy
City Comptroller; and
Second, that the Clerk forward a certified copy of this res-
olution to Federal Reserve Bank of Chicago together with a -certif-
icate attesting to the names and signatures of the present in-
cumbents of the offices described above; and that the City Clerk
further certify to the bank from time to time the signatures of
any successors in office of any of the present incumbents; and
Third, that Federal Reserve Bank of Chicago shall be fully
discharged from all liabilities or responsibility for an action
carried out in accordance with this resolution and it shall be
entitled to rely on this resolution until it receives express
written notice to the contrary in the form of a certified copy of
a subsequently enacted resolution; and
Fourth, that this resolution shall supersede and cancel all
previous resolutions relating to the safekeeping of securities
at Federal Reserve Bank.of Chicago.
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