CITY OF HOMER

HOMER, ALASKA

City Clerk

RESOLUTION 05-109

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA DESIGNATING SIGNATORIES OF CITY ACCOUNTS AND SUPERSEDING ANY PREVIOUS RESOLUTION SO DESIGNATING.

WHEREAS, Finance Director and Treasurer Dean Baugh resigned effective October 31, 2005; and

WHEREAS, Rodney Val McLay was appointed/selected as Mayor Pro Tempore by the Homer City Council on Monday, October 17, 2005.

NOW, THEREFORE, BE IT RESOLVED by the City Council of Homer, Alaska, that the designated signatories, effective upon adoption are as follows:

On the regular checking account #016030109 that the following are the designated signatories for this account; and on the investment accounts with Alaska Municipal League, First National Bank, Wells Fargo Bank Alaska, and other institutions, and for Department of Administration Grants and other grants, one signature or the verbal authorization of one of the designated signatories is required for all transactions and on the Raymond James Investment account #86535092 the following are the designated signatories for this account, one signature is required:

JAMES C. HORNADAY MAYOR

RODNEY VAL McLAY MAYOR PRO TEMPORE

WALT E. WREDE CITY MANAGER

CAREY MEYER ACTING CITY MANAGER

LISA VAUGHN DEPUTY TREASURER

MARY L. CALHOUN CITY CLERK

On the City of Homer Employee Benefit Plan account #27521681, which is used for Health

Insurance Benefits, one signature is required on the check, the following are the designated

signatories for this account:

WALT E. WREDE CITY MANAGER

KENT G. DAVIS MANAGING PARTNER

Page Two

Resolution 05-109

City of Homer

GREGORY J. KERSHAW CHIEF OPERATING OFFICER

On the City of Homer Employee Benefit account # 6252228827, which is used for the AFLAC flexible spending funds, one signature is required on the check, the following are the designated signatories the this account:

WALT WREDE CITY MANAGER

LISA VAUGHN DEPUTY TREASURER

ROBERT OTTMAN 2ND VICE PRESIDENT AFLAC

DIANE ORR SENIOR VICE PRESIDENT AFLAC

KATHERINE GRANT 2ND VICE PRESIDENT AFLAC

PASSED AND ADOPTED by the City Council this 24th day of October, 2005 to be effective Monday, October 31, 2005.

CITY OF HOMER

____________________________

ATTEST: JAMES C. HORNADAY, MAYOR

_____________________________________

MARY L. CALHOUN, CMC, CITY CLERK

Fiscal Note not required.

MLC/