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HomeMy WebLinkAboutCC RESO 96-121RESOLUTION NO. 9 6 -121 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE MAYOR TO EXECUTE AN AUTHORIZATION FOR BANK OF AMERICA BAMTRAC SERVICE WHEREAS, the Bank of America is offering the City of National City a more efficient way of doing banking business through Bank of America Tracking (BAMTRAC); and WHEREAS, with BAMTRAC, the City may use a PC and modem to access account information, transfer funds between checking accounts, invest in money market accounts, retrieve online account information to track deposits, place, cancel and renew stop payments, and improve financial management through online tracking of cash flow position. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the Mayor is hereby authorized to execute an authorization for Bank of America BAMTRAC services. PASSED and ADOPTED this 6th day of August, 1996. eorge H. aters, Mayor ATTEST: bit A, LA. Lori Anne Peoples, City Clerk APPROVED AS TO FORM: g‘$ at George H. Eiser, III City Attorney