HomeMy WebLinkAboutReso. 1987 - 149 - Authorizing a total credit card limit for the city of redding at first interstate bank of $20,000.00ir
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RESOLUTION NO. (7- /1/7
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING A TOTAL CREDIT CARD LIMIT FOR THE CITY OF
REDDING AT FIRST INTERSTATE BANK OF $20, 000 . 00 .
WHEREAS, First Interstate Bank is the banking institution
being utilized by the City of Redding; and
WHEREAS, credit cards for use by the City of Redding are
part of the services being provided by First Interstate Bank; and
WHEREAS, First Interstate Bank requires a Resolution of the
City Council authorizing the total credit limit for all cards
issued; and
WHEREAS, the City' s Director of Finance has recommended an
overall limit of $20, 000. 00 to allow for the current cards, as
well as additional cards to be issued;
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of
the City of Redding that the total credit card limit for the City
of Redding at First Interstate Bank be and hereby is the maximum
sum of $20 ,000 . 00.
I HEREBY CERTIFY that the foregoing Resolution was
introduced and read at a regular meeting of the City Council of
the City of Redding on the 19th day of May , 1987 , and was
duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Fulton, Gard, Johannessen, & Dahl
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Carter
ABSTAIN: COUNCIL MEMBERS: None
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MIKE DAHL, Mayor
City of Redding
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ATTEST=(:e. FORM APPROVED:
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ETH L A. NICHOLS, Cit /Clerk "/ RANDALL A. HAYS, City Attorneyby Connie Strohmayer, Deputy by Walter P. McNeill , Deputy
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