Loading...
BCURA_R-18-08-15-5F RESOLUTION NO. R-18-08-15-5F WHEREAS, the Brushy Creek Regional Utility Authority, Inc. (BCRUA) desires to enter into a Declaration for Comerica Bank Municipalities Department Wire Transfer Service, Now Therefore BE IT RESOLVED BY THE BRUSHY CREEK REGIONAL UTILITY AUTHORITY, That the Board Secretary is hereby authorized and directed to execute on behalf of the BCRUA a Declaration for Comerica Bank Municipalities Department Wire Transfer Service, a copy of same being attached hereto as Exhibit "A" and incorporated herein for all purposes. The Board hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 15th day of August, 2018. 0bREANAVARR TTE, President Brushy Creek Regional Utility Authority ATTEST: REN FLORES, Sec ry 7-1ilCRUAlluard PackctsTacket Wcumentsl2018'.08 15 2o18'SF Res BCRUA -Dedaration for Comerica Bank\lunicipaliues Department Wire Transler Semite(00407197uA08F8)doc Declaration for Comerica Bank Municipalities Department Wire Transfer Service Name Of Business Company Brushy Creek Regional Utility Authority Principal Address 221 East Main Street, Round Rock, Texas 75664 DECLARATION: 1. The above named Company is authorized by its governing documents to enter into a Comerica Bank Municipalities Department Wire Transfer Service Agreement. 2. The following person(s)are each individually authorized to a. enter into a Comerica Bank Municipalities Department Wire Transfer Service Agreement, b. authorize wire transfer templates,and c_ designate the name of each person, including his/her own name, authorized to initiate payment orders, confirm payment orders or both,including the ability of an initiator to confirm hislher own payment order request. d. revoke the authority of any person named as authorized to initiated payment orders and/or confirm payment orders Print Name of Authorized Agent Signature ry r (1) Karen Bondy (2) Robert Powers (s) Kent Meredith (4) Susan Morgan 3. The Company's authorized representative of the Company will certify the name and signature of each Authorized Agent named above. Changes to Authorized Agents will be certified and submitted by the Company's authorized representative. 4. Comerica Bank shall be fully protected, Indemnified and held harmless from loss,expenses,claims and damages arising out of its reliance on this Declaration until Comerica Bank has received written notice from an authorized representative of the Company that this Declaration has been revoked in full or in part and has had a reasonable time to act on such notice(see paragraph 5 below)_ 5. This Declaration and the representations contained herein shall continue in force and effect until Comerica Bank receives a written notice of change,amendment or revocation in regard to this Declaration from an authorized representative of the Company. Comerica Bank shall have a reasonable time to act(not less than one full Business Day,but no more than two full Business Days) on such written notice.All agreements or documents previously executed and acts previously done to carry out the purposes of this Declaration are ratified,confirmed and approved as the acts of Company and are be binding upon the Company. Comerica Bank Municipalities Department Use Only Check One: ❑Initial Use of Dept.wire Transfer Service. Date Received: Check One: 0 Change to most current Declaration on file. Date Received: Bank Employee Receiving Declaration: 'if an Authorized Agent from prior Declaration for this Service Is not on[his new Declaration and that Authorized Agent is also named an Authorized Initiator or Confirmer on current Customer Acceptance Document,ask another Authorized Agent if that person should also be removed as an Authorized Initiator/Conrrnner. It yes,request a new Customer Acceptance Document or written notification to remove the person from those roles and note Customer Acceptance Document accordingly Updated Cuslomer's Business Unit File:Dale: EXHIBIT «A„ ktuniDcptWireTransfetServiceDeclaralion7 to W6 Corporation 1 Association-Certificate Of Secretary I certify that the Corporation/Assoaation("Company")is duly organized and existing under the laws of the State of that the Declaration accurately reflects the resolution(s)adopted at a meeting of the Company's Board of Directors,at which a quorum was present and voted; and that the persons designated above as authorized agents have been duty appointed,and the Declaration is still in full force and effect. X Date Secretary/Assistant Secretary(circle one) Print Name if the Secretary/Assistant Secretary named above is also named as an Authorized Agent in paragraph 2 of the Declaration,then the certification by an Officer or Director other than the Secretary/Assistant Secretary certifying the Declaration is also required. I certify that this Declaration is accurate and currently effective: X Date Print Name Title PartnershlplJoint Venture Authorization Certificate The Partnership/Joint Venture("Company")Is organized and existing under the laws of the State of The undersigned are all of General Partners/Joint Venturers necessary to conduct business in the name of the Company.Each represents and agrees that this Declaration does not contradict any provision of the organizational documents of the Company. Attach additional sheets If needed.) Si nature Print Name Date Limited Liability Company Authorization Certificate The Limited Liability Company named above("Company")is organized under the laws of the State of The management of the Company is vested in the undersigned(circle one)Members.Managers.The undersigned are all of the Members/Managers that are necessary to conduct business in the name of the Company and each represents and agrees that this Declaration complies with the articles of organization and any and all operating agreements which are now in existence for the Company. Signature Title Date Municipality 1 Public Body!Political Action Committee Certificate I certify that the municipality/Public Body/Political Action Committee("Company")is duly organized and existing under the laws of the State of Tex s and that the Declaration accurately reflects the resolution(s)adopted at a meeting of the Company's governing body circle on oard of Direclors pard of Trustee,duly appointed Overating Committee,other )at which a quorum was present and vo a persons designated above as authorized agents have been duly appointed and that the Declaration is still in full force and effe t. X `�_' Date Secreta f Assistant Secretarycir ne) Print Name if the Secretary/Assistant Secretary named above Is also named as an Authorized Agent in paragraph 2 of the Declaration,then the certification by an Officer or Director other than the Secretary/Assistant Secretary certifying the Declaration is also required. I certify that this Declaration is accurate and currently effective- X Date Print Name Title MtuniDeplWtreTTansferServiceDeclararion7 ti M6 DATE: August 10, 2018 SUBJECT: BCRUA Board Meeting—August 15, 2018 ITEM: 5F. Consider a resolution authorizing the Board Secretary to execute a Declaration for Comerica Bank Municipalities Department Wire Transfer Service. PRESENTER: Karen Bondy,General Manager BCRUA accounts that require signatures due to the hiring of a new general manager.