BC 2004 06 14 RECESSED - Laserfiche WebLink

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June 14, 2004 Page 496 4 o 5 o draft, or other drawn in the Association's name, which check, draft, or other order was accepted and paid without timely objection by the Association, thereby ratifying the use of such facsimile signature; and the Association hereby indemnifies and holds the Bank harmless against any and all lost, cost, damage, or expense suffered or incurred by the Bank arising out of or in any way related to the misuse or unlawful or unauthorized use by a person of such facsimile signature; and Further Resolved, that endorsements for deposit may be evidenced by the name of the Association being written or stamped on the check or other instrument deposited, without designation of the party making the endorsement, and Bank is authorized to supply an endorsement on any instrument tendered for deposit or collection; and Further Resolved, that the Clerk to the Board or other duly authorized officer of this Association shall certify to the Bank names and signatures of persons authorized to act on behalf of this Association under the foregoing resolutions and shall from time to time hereafter, as changes in the identity of said Authorized Representatives are made, immediately report, furnish and certify such changes to Bank and shall submit to Bank a new account signature card reflecting such change in order to make such changes effective and Bank shall be fully protected in relying on such certifications and shall be indemnified and saved harmless from any claims, demands, expenses, losses or damages resulting from, or growing out of, honoring the signature of any Authorized Representative so certified, or refusing to honor any signature not so certified; and Further Resolved, that the foregoing resolutions shall remain in full force and effect and the authority herein given to all of said persons shall remain irrevocable as far as Bank is concerned until three (3) business days after Bank is notified in writing of the revocation of such authority and that receipt of such notice shall not affect any action taken by the Bank prior thereto; and 7° Further Resolved, that all transactions by any Authorized Representative, officer or employee of this Association on its behalf and in its name with Bank prior to the delivery to Bank of a certified copy of the foregoing resolutions are, in all respects, hereby ratified, confirmed, approved and adopted; and 8 o Further Resolved, that the Clerk to the Board be and hereby is, authorized and directed to certify these resolutions to Bank and that the provisions hereof are in conformity with the Articles of Association Charter, Rules and Bylaws of this Association. In Witness Thereof, and intending to bind the Association, I have hereunto subscribed my name, as the Clerk to the Board of Commissioners, this 14th day of June 2004. /s/ Frankie F. Bonds Frankie F. Bonds, Clerk to the Board Proposed Fire Protection Districts Tax Rates for FY 2004-2005 Mr. Day briefly reviewed the fire protection district tax rates requested by each of the fire district's board of directors. The current rate, FY 2005 calculated revenue neutral tax rate and proposed tax rate for each of the districts were as follows: FY 2005 Calculated Revenue FY 2005 FY 2004 Neutral Proposed Fire District Tax Rate Tax Rate Tax Rate Winecoff 0.035 0.017 0.035 Jackson Park 0.045 0.037 0.045 Cold Water 0.05 0.043 0.05 Allen 0.04 0.035 0.04 Midland 0.055 0.069 0.05 Harrisburg 0.055 0.050 0.055 Rimer 0.06 0.049 0.06 Mt. Mitchell 0.05 0.040 0.05 Odell 0.03 0.023 0.03 Enochville 0.04 0.033 0.04 Georgeville 0.06 0.051 0.06