CITY OF HOMER

HOMER, ALASKA

City Clerk

RESOLUTION 09-43

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

WHEREAS, The City of Homer has been implementing internal controls over the past couple of years; and

WHEREAS, A dual signatory authorization system for electronic payments was implemented by the Finance Department; and

WHEREAS, In order to increase internal controls in our Accounts Payable function, our auditors have suggested that we have dual signatures on checks over $5,000 by our current authorized check signers.

NOW, THEREFORE, BE IT RESOLVED by the City Council of Homer, Alaska, that the designated signatories, effective on April 27, 2009 are as follows, with the number of signatories defined:

On the regular Wells Fargo Bank Alaska checking account #016030109 that the following are the designated signatories for this account, with dual signatures required for checks over $5,000; on the investment accounts with Alaska Municipal League, First National Bank, Raymond James Investment, Wells Fargo Bank Alaska, and other institutions, and for Department of Administration Grants and other grants, one of the following authorized signatories or the dual electronic authorization system is required for all transactions:

JAMES C. HORNADAY, MAYOR

DENNIS NOVAK, MAYOR PRO TEMPORE

WALT E. WREDE, CITY MANAGER

MARK ROBL, ACTING CITY MANAGER

REGINA HARVILLE, FINANCE DIRECTOR/TREASURER

JO JOHNSON, CITY CLERK

            PASSED AND ADOPTED by the Homer City Council this 27^th day of April, 2009.

CITY OF HOMER

_____________________________

JAMES C. HORNADAY, MAYOR                                                                                                                                                                      

ATTEST:    

___________________________

JO JOHHSON, CMC, CITY CLERK

Fiscal Note: N/A