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BB& <br />County of Cabarrus <br />Name of Entity <br />RESOLUTION AND AGREEMENT FOR DEPOSIT ACCOUNT <br />56- 6000281 <br />EIN <br />❑ Corporation <br />❑ Unincorporated Association <br />❑ Limited Liability Company <br />❑x Government Entity <br />❑ General Partnership <br />❑ Limited Partnership <br />❑ Sole Proprietorship <br />❑ Non -Profit Corporation <br />❑ Other <br />I, the undersigned, hereby certify to BB &T that I am the Secretary (or as applicable, Proprietor, Authorized Partner, Authorized <br />Manager or other Authorized Employee) of the above named Entity duly organized and existing under the laws of the State of <br />North Carolina ; and that the following are resolutions duly adopted by the <br />Entity, and that such resolutions are in full force and effect and have not been amended or rescinded: <br />RESOLVED, that BB &T is hereby designated as a depository institution in which the funds of this Entity may, subject to the rules <br />of BB &T, be deposited by any of its officers, agents or employees; and that any such officer, agent or employee is hereby authorized on <br />behalf of the Entity and in its name to endorse for deposit, whether in demand or time accounts, or for negotiation or collection, any and all <br />checks, drafts, certificates of deposit or any other payment instrument payable to the Entity, which endorsement may be in writing, by stamp <br />or otherwise, with or without signature of the person so endorsing, it being understood that on such items all prior endorsements are <br />guaranteed by the Entity, irrespective of the lack of a guarantee by the Entity; and <br />FURTHER RESOLVED, that any of the individuals listed below (a "Designated Representative ") is hereby authorized to open or <br />close any deposit account with BB &T and to authorize those persons ( "Authorized Signers ") who may execute a BB &T signature card on <br />behalf of the Entity and transact business on such account: <br />Printed /Typed Name <br />Pamela S. Dubois <br />Susan B. Fearrington <br />Margaret R. Selby <br />Title <br />Finance Director <br />Asst. Finance Director <br />Accountant <br />FURTHER RESOLVED, that BB &T be and is hereby authorized and directed to honor, pay and charge any of the accounts of the <br />Entity, without inquiry to or responsibility for the application of the proceeds thereof, all checks, drafts, or other orders for the payment, <br />withdrawal or transfer of money in the accounts of or to the credit of the Entity, and to honor any authorization for the transfer of funds <br />between different accounts whether oral, by phone or electronic means without inquiry as to the circumstances related thereto and for <br />whatever purpose or to whomever payable, including requests for conversion into cash as well as for deduction from and payment of cash out <br />of any deposit, and whether or not payable to, endorsed or negotiated by or for the credit of any person signing same or any other officer, <br />agent or employee of the Entity, when signed or endorsed by an original or facsimile signature of any ONE Authorized Signer; and <br />FOR BANK USE ONLY <br />Prepared By Date <br />Center Bank No. State <br />Forward to: <br />Centralized Document Scanning Operations <br />M/C 100- 99 -15 -11 <br />8010 (1iro) <br />Attachment number 1 <br />F -3 Page 93 <br />