Authorization to Execute Checks
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RESOLUTION NO. 404 -00
RESOLUTION AUTHORIZING CERTAIN DESIGNATED AGENTS OF
THE CITY OF DUBUQUE LIMITED AUTHORIZATION TO EXECUTE
CHECKS ON BEHALF OF THE CITY OF DUBUQUE, IOWA
Whereas, the City of Dubuque deposits certain funds for specific use in local commercial
banking institutions; and
Whereas, the commercial banking institutions require authorization by the City Council
for City employees and others to sign checks and drafts drawn on such banking institutions; and
Whereas, the City Council has determined that agents of the City of Dubuque who may
sign checks and drafts drawn on a designated account on behalf of the City of Dubuque are the
SISCO authorized check signers for checks issued for the City of Dubuque Workers
Compensation Account drawn on account number 309141 at American Trust and Savings Bank
in Dubuque.
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF DUBUQUE, IOWA:
That the SISCO authorized check signers are hereby granted ability to sign checks and
drafts on behalf of the City of Dubuque for checks issued for the Workers Compensation Account
drawn on account number 309141 at American Trust and Savings Bank in Dubuque.
Passed, approved and adopted this 21st day of August, 2000.
Terrance M. Duggan, Mayor
Attest:
Jeanne F. Schneider, City Clerk
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CITY OF DUBUQUE, IOWA
MEMORANDUM
August 17, 2000
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Resolution Authorizing Certain Designated Agents of the City of
Dubuque Limited Authority to Execute Checks on Behalf of the
City of Dubuque
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Finance Director Ken TeKippe is recommending that the Finance Director/Treasurer
and authorized signers from SISCO have limited authorization to sign checks for a
specialized City of Dubuque bank account.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Michael C. Van Milligen
MCVM/dd
Attachment
cc: Barry Lindahl, Corporation Counsel
Tim Moerman, Assistant City Manager
Ken TeKippe, Finance Director
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CITY OF DUBUQUE, IOWA
MEMORANDUM
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TO:
Michael Van Milligen, City Manager
FROM:
Kennethll:Ki~'7Linance Directo, r
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Resolution Authorizing'tertain Designated Agents of the City of Dubuque Limited
Authorization to Execute Checks on Behalf of the City of Dubuque
SUBJECT:
DATE:
August 7, 2000
INTRODUCION
Enclosed is a City Council Resolution granting the City Finance Directorlfreasurer and authorized
signers from SISCO limited authorization to sign checks for a specialized City of Dubuque bank
account.
BACKGROUND
The City has established a specialized bank account for self-funded Workers Compensation. The
account is used to pay workers compensation expenses (i.e. indemnity benefits, medical expenses,
legal expenses). This account maintains a $3,000 revolving balance replenished from operating
funds on an as-needed basis.
DISCUSSION
This account is specialized and limited in use. For operational purposes I recommend that authorized
signers from SISCO be granted ability to sign checks and drafts for the Workers Compensation
Account drawn on account number 309141 at American Trust & Savings Bank. The resolution does
not identifY positions or names, which should reduce future resolutions at the time of personnel
changes or title changes of individuals designated at SISCO, Presently the authorized signers from
SISCO are Treasurer Steve Bonfig and Financial Services Supervisor Ron Fuhrman.
The Finance Directorlfreasurer is also designated as an authorized signer for this account.
Transactions in this account are monitored by the Finance Division and controls such as account
reconciliation and payment documentation are available to be reviewed by the Finance Division on a
regular basis. The information is also available during the annual audit by the City's independent
auditor.
ACTION
Please present the resolution to the City Council for consideration of approval. If there are any
questions on the resolution, please contact me. Thank you for your assistance.
Attachment