R-379-57 aK•a PM 7157 CORPORATION
Th dersigned in opening a checking acxoun" 'th
LIT.Lc RIVER BANK AND TRUST CO.— ANY Ili iver Bank and Trust Company, Miami, F a,
MIAMI. FLORIDA hereby authorizes and directs said bank to recognize and honor the signatum._.......hemunto subscribed u
the bank's authority for the payment of funds from the account named herein below; and as a con,
CERTIFIED COPY OF CORPORATE RESOLUTION �'►j f� clition of the acceptance of said account by the bank it is agreed that said account is opened and
accepted, and shall continue to be at all times. subject to all reasonable rules and regulations of said
1,the undersigned,hereby certify to Little River Bank and Trust Company that I am the 31W bank, and particularly subject to the special rules and regulations printed upon the reverse side here-
---vitlwy AAP—rk
ere•_ ,__Viltsdg)AGrk Mitagni Shdre8 Village of which are referred to, adopted and hereby made a pert hereof. This account is hereby opened in
the came of
a corporation duly organized and existing under the laws of the data of FIOride
that the following is a true copy of resolutions duly adopted by the Board of Directors of said Cor- (Account) Miami Shores Village Bond Redemption and.
poration at a meeting duly held on the--- day of December , 19�� (N
at which a quoram was present; and that such resolutions have not been rescinded or modified
RESOLVED, that Little River Bank and Trust Company is hereby designated as a g Fund Account k
depository of this Corporation and that a checking account be opened and maintained in B
the name of this Corporation with said bank; that any of the following officers of this Cori y
poratton:
Mayor or Councnum Dean R. Claussen By, n�
il
and Village Manager
Is/me hereby authorized, on behalf of this corporation, and in its name: to sign checks,
drafts, notes, bills of exchange, acceptances, or other orders for the payment of money By Treasurer
free said account; to indorse checks, notes, bills, certificates of deposit, or other instru-
monis, owned, or hell by this Corporation, for deposit in said account, or for collection
or discount by said Bank; to accept drafts, acceptances, and other instruments payable at
said Bank; to waive demand,protest, and notice of protest, or dishonor of any check,note, By Manager
bill,draft,or other instrument made,drawn,or indorsed by this Corporation;and
FURTHER RESOLVED, that Little River Bank and Trust Company be and it hereby
is authorized to honor, receive, certify, or pay all instruments signed in accordance with
the foregoing resolution even though drawn or indorsed to the order of any officer sign- (NOTEt-Not more than one of said officers' signatures is required unless it is otherwise indicated
ing the same or tendered for cashing, or in payment of the individual obligation of such hereinabove).
officer, or for deposit to his personal account, and said Bank shall not be required, or be
ander any obligation to inquire as to the circumstances of the issuance, or use of any
iastrament signed in accordance with the foregoing resolution, or the application, or dis- (Mailing 10050 N; E. Znd Avenue
position of such i„cr.nn ant, or the proceeds thereof; and Address)
FURTHER RESOLVED, that the Secretary or Assistant Secretary shall certify to said
Bank the names of the presently duly elected and qualified officers of this Corporation
and shall from time to time hereafter as changes in the personnel of said officers are made,
Immediately certify such changes to the bank, and said Bank shall be fully protected in (Business
relying on such certifications of the Secretary or Assistant Secretary and shall be indemni- Add, )
had. and saved harmless from any claims, demands, expenses, loss, or damage resulting
from, or growing out of, honoring the signature of any officer 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 until written notice of their amendments or rescission shall have been received by (Residence
said Bank, and that receipt of such notice shall not affect any action taken by the Bank Address)
prior thereto; and
FURTHER RESOLVED, that the Secretary or Assistant Secretary be, and he hereby
Is. authorized and directed to certify to said Little River Bank and Trust Company the
foregoing resolution and that the provisions thereof are in conformity with the Charter and
By-Laws of this Corporation (Date)
I further certify that there is no provision in the Charter or By,Lawa of said Corporation limiting
the power of the Board of Directors to pass the foregoing resolutions and that the same are in conformity REMARKS AND REFERENCES
with the provisions of said Charter and ByLaws.
I further certify that the names and official signatures of the present officers of this Corporation who
are authorized to sign on this account are entered and subscribed on the opposite side hereof.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal of said Cor-
poration,thb 17dny of December ,18 87
Village Clerk 77y
I certify the o t
SEAL
yor
LI'- __E RIVER BANK AND TRUST COL... ANY
MIAMI, FLORIDA
SPECIAL RULES AND REGULATIONS
1. In receiving items for deposit or collection,this bank acts only as depositor's collecting agent and
s6eamex no responsibility beyond the exercise of due cam.All items ars credited subject to final payment
in cash or solvesct credits Tu�f+a bank will not be liable for default or negligence of its duly selected
I ocorrespandents nor This�kfnrnt its
t,and each correspondent so selected shall not be liable except for
indudinor indirectly to any bank
gwn net5e-payor.and accept its draft credcorrespondit as conditi�onall paayymen directly of cash it m y charge
back any item at any time before final payment,whether returned or not: and neither this beak�r its
correspondents shall be liable for an delay occasioned by the bookkeeping system or rules of such mayor
bank m any clearing house association.Items drawn upon or pagable at this bank will
be credited ooa-
ditionally and if found not good at the time all items received on the day of deposit have been posted,
but not later than the and of the following businessde ,may than be charged back. Items received after
banldng hours will be considered as received on the foliobusiness day.This bank may at its sole dis-
cretion=any item so charged back, through the addressing such items to the last known
mailing address of the depositor or depositors and shall mot be responsible for loss of such items in transit.
2. The bank shall not be liable for returning a check of the depositor properly dishonored on the day
of presentation, even though such check is returned or mailed to the party or pparties presenting the
check or to his or their collecting agent as late as the end of the neat business da following the day
of presentatiosr,and even thou y�h the depositor makes a deposit sufficient to cover the returned check on
the day such check is returned. The bank may without liability, refuse payment of checks presented
over the counter if drawn on all or a portion of deposits made on the day of such presentation.
S. The bank is authorized to apply this account toward thepayment of any indebtedness due the bank
from the depositor or aor either of them,whether the debt is several and this account is joint.
or the debt is joint and this amount several.
4. If the bank is served with legal process which may affect this account the bank is authorized to
withhold payment until such process is annulled.The bank is also authorized to charge and deduct from
said account any expense,legal or otherwise,which it may incur in connection with the service upon it
of a writ of garnishment,attachment or other k;gachl rocess,seeking to subject or reach said account or
any part thereof,and/or which it may incur or whimay arise out of any other matter or thing requir-
ing the bank in the judgment of its officers or counsel of its selection to render service or incur ezpense
for the protection of the bank end/or the depositor,including but not by way of limitation,as ezpense
incurred by the bank outside that contem lated in the routine handlin of the account in the r'7urnisliiu
p 8
of information concerning the account which the bank may be req to famish upon request of or by
the order of any duly constituted court or other authority,civil or military.
8. Accounts are opened subject to satisfactory reference and signature verification. Payment of funds
may be withheld pending reply to references.
8. This account is subject to a monthly analysis based on schedule of service charges made by the bank
for handling checking acmuwntlsthionnteffect at the time this account is opened or which may be amended or
changed
at
l�oss�orreexpense incurred�bbaank in the hhee handling of said a�t that may be ct indicated
tamed
expense incby the urred withhrreference to depositor and is authorized to charge dep tded�from said aunt any out of pocket
7. It is hereby agreed and understood that a charge of one dollar ($1.00) per month will be entered
on the analysis of the account for each and every month that any aattoppp payment order remains in full
force anffect Any atop payment request shall be made with the distinct understanding that the Bank
will use reasonable precaution in trying to locate and stop payment of any each check,but in considera-
tion of the acceptance of any such request,it is expressly agreed that should any check be paid by over-
sight or inadvertance and if by reason of such payment other checks drawn by the depositor are returned
for insufficient funds,the Bank shall in no way be held liable, and the depositor further agrees to In-
damnify check against all expenses and costs that it might incur by reason of refusing payment on
any
s
8. The bank is authorized to charge and deduct from said account$1.00 for each check drawn thereon
returned for insufficient funds,which charge may be changed to a graduated scale up to$8.00 per check
if the depositor continues to issue checks drawn against insufficient funds.
8. The bank is directed to mail any monthly statement or statements,together with cancelled checks or
other orders for payment as shown thereon unless specific instructions for holding same have been pro
viously given the bank, to the last known mailing address on said account at any time within three
business days from the close of each calendar month without any liability on the part of the bank for the
safe delivery of said statement or statements and cancelled checks. For each statement rendered other
than on a regular statement period a service charge of$1.00 will be made.
10. In event said account is closed within six months after it is opened,the bank is authorized to charge
and deduct from said account ($a.00) for its expense in opening and closing same.
11. Any check or other order for payment presented to the bank drawn on this account which,if honored,
would leave a balance insufficient to cover the amount of any lose or expense incurred by the bank in
handling said account up to the date said check or ander is presented.plus any ge due for opening
or closing said account,or charge on any return items, shall be deemed an o aft and the bank is
hereby authorized to dislurn the same without any liability,and any such check or order shall not be
deemed an assignment pro tanto or otherwise of such deposit
12. The bank reserves the right to terminate the deposit relationship at any time without notice.
13. Theme rules and regulations may be added to,altered or amended at any time without notice