AG 2004 06 14 RECESSED - Laserfiche WebLink

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Resolution No 2004-20 Citibank Certified Copy of Unincorporated Association Resolutions Opening and Maintaining Deposit Accounts and Services Citibank, N.A. (THE "BANK") Name of Unincorporated Association: County of Cabarrus I, the undersigned, hereby certify to Citibank, that I am the Clerk and the designated keeper of the records and minutes of the County of Cabarrus, an unincorporated association whose principal address is in the State of North Carolina (the "Association"); that I have full authority to manage, represent, sign for and bind the Association, that the following is a true copy of resolutions duly adopted by the governing body of said Association at a meeting duly held on the 14~n day of June, 2004, at which a quorum was present and acted throughout or adopted by the unanimous written consent of the governing body; and that such resolutions are in full force and effect and have not been amended or rescinded. Resolved, that Citibank (the '~Bank")is hereby designated as a depository of the Association and that deposit accounts and/or time deposits (CD's) be opened and maintained in the name of this Association with the Bank in accordance with the terms of the Bank's Deposit Agreement and Disclosures and the applicable rules and regulations for such accounts; that any one of the following Authorized Representatives of this Association: Pamela S. Dubois, Deputy Co. Mgr./Finance Director; Robert M. Freeman, Chairman, Board of Commissioners is hereby authorized, on behalf of this Association and in its name, to execute and to sign any application, deposit agreement, signature card and any other documentation required by the Bank to open said accounts; to sign checks, drafts, notes, bills of exchange, acceptances, time deposits (CDs) or other orders for payment of money; to endorse checks, drafts, notes, bills, time deposits (CDs) or other instruments owned or held by this Association for deposit with Bank or for collection or discount by the Bank; to accept drafts, acceptances, and other instruments payable at the Bank; to place orders with the Bank for the purchase and sale of foreign currencies on behalf of this Association; to execute and deliver an electronic fund transfers agreement and to make transfers or withdrawals by electronic transfer on behalf of the Association; to obtain an access device (including but not limited to a card, code, or other means of access to the Association's accounts) that may be used for the purpose of initiating electronic fund transfers [Association agrees and acknowledges that neither the Electronic Funds Transfer Act (15 U.S.C. 1693 et seq.) nor Regulation E (12 C.F.R. Part 205) are applicable to any such access device]; to establish and maintain a night deposit relationship; to execute and deliver a wire transfer agreement and to request, or to appoint or delegate from time to time such persons who may request, wires of funds: to enter into any agreements with the Bank for the provision by the Bank of various Treasury Management services to this Association as such Authorized Representative may determine, in his or her sole discretion, and to sign any and all documents and take all actions required by Bank relative to such Treasury Management services or the performance of the Association's obligations thereunder, and that any such Treasury Management agreement(s) shall remain in full force and effect until written notice to terminate given in accordance