Loading...
HomeMy WebLinkAboutCC RESO 15,177• RESOLUTION D. 15,177 RESOLUTION DECLARING THE JOHN C. HENBERGER COMPANY THE LOWEST RESPONSIBLE BIDDER AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE AN AGREEMENT WITH COMPANY WHEREAS, the Purchasing Agent of the City of National City did in open session, on January 5, 1987, publicly open, examine and declare all sealed proposals or bids for FUSEES as specified in Request for Bid Number GS 8687-4. NOW, THEREFORE, IT IS HEREBY RESOLVED that the City Council of the City of National City hereby rejects all of said bids except that herein mentioned, and hereby awards the contract for FUSEES to the lowest responsive responsible bidder, to wit: THE JOHN C. HENBERGER COMPANY BE IT FURTHER RESOLVED by the City Council of the City of National City, California, that the Purchasing Agent is hereby authorized to execute on behalf of the city, a contract between IhE JOHN C. HENBERGER COMPANY and the City of National City to provide FUSEES. PASSED and ADOPTED this 13th day of January, 1987. ATTEST: Io7 Campbell, City lerk APPROVED AS TO FORM: George H. Waters, Mayor `i,�- George H. tser, III - City Attorney Ell Bank of America Funds Transfer Agreement To: Bank of America National Trust and Savings Association In consideration of Bank of America National Trust and Savings Association ("Bank") accepting oral instructions to make funds transfers, CTTY OF NATTONAI CITY (FINANCF OFPT (insert Customer's full name) ("Customer") agrees as follows: 1. For purposes of this Agreement: (a) "Funds transfer" is defined to include the following types of transactions: International and domestic wire trans- fefs, transfers from one Bank of America branch to another, transfers from one account to another within the same Bank of America branch. Funds transfers can be made in any amount from any account of customer to any other account(s) at Bank or at any other financial institution for credit to customer or to another person, partnership or corporation, as specified in the supplemental instructions attached hereto. (b) "Designated Caller" means a person authorized in writing by Customer to give instructions orally (including by telephone) to Bank to make funds transfers. and includes, if the Customer is a corporation or partnership, an Authorized Per- son as defined in the Corporate Resolution or Certificate of Partnership. • 2. Bank may accept and act upon oral instructions (including by telephone) to make funds transfers on Customer's behalf from any person Bank believes to be a Designated Caller. Bank does not have to act on any such instruction if it believes for any reason that the person giving the instruction is not a Designated Caller. 3. For each oral funds transfer instruction, the Designated Caller shall specify: name of Customer, name of person giving instruction, account number from which funds are to be transferred, the amount to be transferred, and the name of the financial institution and name of the beneficiary to which the funds are to be transferred. - 4. Bank may refuse to act on any funds transfer instruction which, either in whole or in part, exceeds Customer's col- lected and available funds on deposit with Bank or the amount available under any Credit facility advised to customer. Funds _ _ are not available if they are subject to a hold, dispute or legal process preventing their withdrawal. If Bank creates an overdraft to complete a funds transfer, Customer agrees to immediately repay Bank the amount of the overdraft, whether or not demand is made. However, Bank is not obliged to create an overdraft for that purpose, even if it has previously done so. 5. The terms and conditions of Customer's Bank Depositor Agreement(s) regarding the account(s) with Bank are hereby incorporated by reference. If any inconsistency exists between such agreement(s) and this Agreement, then the terms and conditions of this Agreement shall control to the extent of the inconsistency. This Agreement supersedes any prior funds transfer agreement with Customer relating to oral instructions for funds transfer. 6. If the customer sends the bank a written confirmation of oral instructions and there is any discrepancy between an oral instruction and a written confirmation, Bank's records of the oral instruction shaligovern. 7. If Bank so desires, it may, but is not obligated, to send a written confirmation of any funds transfer instruction to. Customer. The decision to confirm in writing any funds transfer instruction shall be solely within Bank's discretion, and Bank shall incur no liability if it does not do so. 8. Completed funds transfers will be reflected on Customer's periodic account statement. Customer shall regularly and promptly review all confirmations (if sent) and account statements regarding funds transfers. Customer shall notify Bank within three days of any discrepancy between Customer's records and any confirmation advice (if sent) or periodic account statement.. 9. Except as otherwise set forth in this Agreement, Bank will process instructions to make afunds transfer on the value - date or the day that such instructions are received if no value date is given, provided the requests are receivadwithin thedead- lines established by Bank and provided the day of receipt is a business day for Bank and for the receiving institution: Instruc- tions received by Bank after its cutoff deadline may be treated as received by Bank on its next busines day. In attempting to execute any funds transfer instruction, Bank may utilize any means of transmission reasonably selected by Bank. _ 10. Bank shall not be liable for any loss arising, directly or indirectly, in whole or in part, from: (a) any inaccuracy, act or failure to act on the part of any person not within Bank's reasonable control, (b) the negligence or misconduct of Customer .. or any Designated Caller or other agent of Customer, (c) any ambiguity (in Bank's opinion) in the instructions given to Bank, or (d) any error, failure or delay in the transmission of a funds transfer which is caused by strikes, civil unrest, or other circum- stances beyond Bank's reasonable control 11. By giving Designated Callers authority to give oral instructions to Bank to make funds transfers, Customer assumes certain risks and responsibilities with respect to Designated Callers. Customer shall indemnify and hold Bank harmless from any and all liability for acting on any instru n to makeafunds transfer purported to be given by a Designated Caller and accepted by Bank. Bank -shall not be response for the authentic- ity of any instructions, or be in any way liable for any unauthorized instruction or for giving effect thereft, whether or not the person giving the instructions is, in fact, a Designated Caller. Neither Bank nor any of its employees or agents shall incur any liability with respect to any action taken or permitted in reliance upon any funds transfer instructions believed to be authentic. In no event shall Bank be liable to Customer for any consequential, special, or exemplary damages, including but not limited to lost profits, from any cause whatsoever arising out of, or in any way connected with this Agreement or the services provided under this Agreement. This limitation shall apply whether or not the likelihood of such losses or damages was known by Bank. 12. Customer shall compensate Bank for its services hereunder. Bank shall notify Customer of the amount from time to time due Bank for its services. 13. Either party hereto may terminate this Agreement by giving to the other party three (3) banking business days writ- ten notice. This period shall begin on the date of receipt of such notice. Termination of this Agreement shall not affect the rights of Bank or Customer regarding funds transfers which occur prior to the effective date of such termination. 14. Bank may rely on list of Designated Callers previously supplied by customer until Bank receives and is able to dis- tribute to its affected employees. written notice from customers, adding Designated Callers and oral or written notice from cus- tomers deleting Designated Callers. The customer shall confirm oral requests to delete Designated Callers in writing, duly signed by or on behalf of customers and promptly delivered to Bank. If there is any discrepancy between an oral instruction or a written confirmation, Bank's records shall prevail from the time oral instructions are received until written notice is received and distributed according to normal procedures. 15. Any notice or correspondence to Bank or Customer regarding this Agreement shall be mailed or delivered to the address specified by each below or to such other address as either party may specify in writing. 16. Bank may delay enforcing its rights under this Agreement without losing them. Any waiver by Bank shall not be deemed to be a waiver of other rights or other same right at another time. 17. If any provision of this Agreement is held invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions shall in no way be affected or impaired thereby. 18. This Agreement shall be governed by and construed under the laws of the State of California. Executed this 13th day of January at BANK OF AMERICA 19 87 CITY OF NATIONAL ( FINANCE DEPT.) Bank of America, NT & SA By By Phyllis Ward Address for notices to Bank of America NT & SA: National City #171 235 E. 8th Street (Customer Name) George H. Waters, Mayor Address: National City Ca. 92050 1243 National -City Blvd. National City Ca 92050 IDBank of America Corporate Resolution: Funds Transfer On Oral Instruction: To: Bank of America National Trust and Savings Association City of National City ( Finance Dept.) The directors of (insert full name) (the "Corporation"), a company incorporated in the State of California , adopted the following resolutions on January 13 , 19 87 . 1. RESOLVED, that the Corporation authorizes any one of the persons named in Schedule A annexed ("Authorized Persons"), and their successors in office, to give instructions orally (including by telephone) to Bank of America National Trust and Savings Association ("Bank"), to make funds transfers. For purposes of these resolutions, "funds transfer" means a transfer of funds by wire or by other similar means in any amount from any account of the Corporation to any other account(s) at Bank or at any other financial institution for credit to Corporation or to any other person, partnership or corporation, including accounts of a person authorized to give a funds transfer instruction. 2. RESOLVED, that the Corporation also authorizes any one of the Authorized Persons: (a) To delegate the authority granted to them to give oral instructions to make funds transfers to one or more other persons (each, a "Designated Caller"). Such delegation shall be accomplished by delivering to Bank a letter or other written notice signed by an Authorized Person listing the name and title or position of such Designated Caller. (b) To revoke the authority granted to any Designated Caller. Such revocation shall be accomplished by delivering to Bank a letter or other written notice signed by an Authorized Person listing the name and title or position of such Desig- nated Caller. (c) To execute such agreements or documents as Bank may at any time request (and all renewals or amendments thereto) regarding funds transfers including Bank's Funds Transfer Agreement (which contains indemnity and hold harmless provisions), which agreement the Directors have reviewed and do approve. 3. RESOLVED, that until the Bank receives written notice from an Authorized Person adding or deleting Designated Callers, each of the persons listed in Schedule B annexed is a Designated Caller and is authorized to give instructions orally _ (including by telephone) to Bank to make funds transfers. 4. RESOLVED, that the Bank is authorized to act and rely on these resolutions until it actually receives written notice of their revocation. SECRETARY'S CERTIFICATE The undersigned certifies as follows: 1. I am the duly appointed and acting Secretary of the Corporation. 2. The foregoing is a full, true and correct copy of Resolutionsduly adopted by the Board of Directors of the Corporation, either at a properly held meeting (at which a quorum was acting throughout) or by unanimous written consent. in accordance with applicable laws and the Corporation's By-laws. 3. These Resolutions are in full force and effect and have not been revoked or amended and do not exceed the objects or Powers of the Corporation or the powers of its Directors. 4. The specimen signatures annexed in Schedule A are the true signatures of the persons authorized to act on behalf -of this Corporation by virtue of Resolutions 1 and 2. IN WITNESS WHEREOF, I have executed this Certificate and affixed the corporate seal of the Corporation on rr Date: IDBank of America To: Bank of America National Trust and Savings Association From: City of National City (Finance Dept.) Customer's Name Janaury 13,, 1987 Funds Transfers Supplemental Instructions/ Other Restrictions I/We have authorized you to make funds transfers on oral instructions according to the terms of the Funds Transfer Agree- ment between us dated Janaury 13,1987�erms defined in the Funds Transfer Agreement have the same meaning in this letter. This letter contains additional instructions (check box and complete blank(s) as appropriate) regarding funds transfers on oral instructions from a Designated Caller. k( You may make funds transfers on oral instructions from a Designated Caller only from the following accounts: 01719 - 80200 01717- _ 80201 You may make funds transfers on oral instructions from a Designated Caller only if each funds transfer transaction does not" exceed the following dollar limit $ MISC3208 9-e8 Required Beneficiaries Section You may make funds transfers on Drat instructions from a Designated Caner only to the following accounts and/or beneficiaries: 1 CITY OF NATIONAL CITY 2 City of Natinnal Nan Nam 01719-80200 01717-80201 Am.f Bank of America Brno Non National City #171 Brach ar Banc 235 E. 8th Street Acct a Bank of America City Banc Name Natinnal City #171 Brace of Banc 235 F 8th Street National City Ca. 92050 National City Ca. 92050 atyasuu 122000661 ABA Routing 4 City of National City Nan 1050281472 Am. * Camino Real Savings Bank Bank Name- - ORANGE CA. Branch of Bank P.O.BOX 750 Address Orange Ca. 92666 sty a State ABA Rasing 7 City of National City Name sty a State 122000661 ABA Routing 5 City of National City Acct. * Irvine City Savings Brno Nana IRUINE Brandt of Beak IRUINE CALIF. Address cityastar 3222-8609-4 ABA Routing 8 City of National City Name CITY OF NATIONAL CITY 3 'KajxxxxxxxxxA:zxyx ' mom 00260-00024 Amt. * FEDERAL HOME LOAN BANK Bret Name SAN FRANCISCO TWO Branch of Bank Adams Gay a State ABA Rounng 6 City of National City Name Acct. * & Loan Crocker National Bank Banns Name San Francisco Main Brandt IN Bank Address myttaan Francisco Ca. 00017-81021 ABA Routing 9 City -of -National City Nan. Aarl = Am. • Acct x Gibraltar Savings Amariran Diversified Savings First Federal Savings Bank Bmktairne North Hollywood Costa Mesa Branchca Bank Adbsea Costa Mesa Ca. City a State 1211-7177-1 ABA Routng SANTA MONICA Branch of Bank 401 Wilshire Adam's Santa Monica Ca. 90401 City a sum 0012-79035 ABA Rcutrq Branch of Bank Cava State 3222-70000 MIARmnflg, You may rely on this letter until you receive a duly signed written notice revoking or amending it. CITY OF NATIONAL CITY - Cuatonrr's Nwna CALOZA FINANCE DIRECTOR SCHEDULE A Authorized Persons List and specimen signatures of persons authorized to delete or add person(s) to the list of "Designated Callers;' to give instructions regarding funds transfers, and otherwise act as described in Resolutions 1 and 2. SPECIMEN NAME (Type or Print) SIGNATURE TITLEIPOSITION TELEPHONE # ALEX CALOZA '=+t �'� FINANCE DIRECTOR (619) 336-4260 SCHEDULE B Designated Callers List of persons authorized to give oral instructions to make funds transfers as described in Resolution 3. NAME (Type or Print) DONNA STEPHENSON TITLEIPOSITION TELEPHONE # SR. ACCCOUNT CLERK 619) 336-4260 ( ) )