ORDINANCE 2997:  ADOPT AN ORDINANCE UPDATING THE CITY’S SIGNATURE AUTHORITY FOR BANKING TRANSACTIONS
Staff Contact:  Vicki Rios, Interim Director, Finance and Technology
Purpose and Recommended Action
 
This is a request for City Council to waive reading beyond the title and adopt an ordinance updating the city’s signature authority for banking transactions.  The city’s banking signature authorizations are updated periodically due to changes in the organization. 
Background
 
It is recommended that the following individuals be authorized signers, effective July 5, 2016:
 
Name                     Position
Kevin R. Phelps                     City Manager
Thomas Duensing                     Assistant City Manager
Julie K. Bower                     City Clerk
Jack Friedline                     Director
Vicki L. Rios                     Interim Director 
Previous Related Council Action
 
The previous ordinance was taken to Council on January 26, 2016.