Resolutions-2020-041

DocuSign Envelope ID: 8925806C- 8492- 4FF5- 8C75- 2B4AF47960EB RESOLUTION NO. 2020- 041 A RESOLUTION AUTHORIZING THE CONSOLIDATION OF BANK ACCOUNTS Whereas, the City has a water and sewer operating account at Hills Bank, and; Whereas, to fully utilize and access this account, the best use of it would be to consolidate the accounts to the existing City bank account at Solon State Bank for the use of water and sewer operating expenses, Now, therefore be it resolved by the City Council of the City of Tiffin, Iowa to approve the consolidating of bank accounts from Hills Bank to Solon State Bank. 26th On the day of May, 2020, at a regular meeting of the Tiffin City Council, Tiffin, Iowa, Councilperson Walls introduced RESOLUTION NO. 2020- 041, A RESOLUTION AUTHORIZING THE CONSOLIDATION OF BANK ACCOUNTS and made a motion for approval. Motion seconded by Councilperson Olney. Ayes: Havens, Walls, Olney, Bartels, Schnedler Nays: None Absent: None Whereupon five Council members were present and voted approval and Mayor Berner declared that the RESOLUTION NO. 2020- 041, A RESOLUTION AUTHORIZING THE CONSOLIDATION OF BANK ACCOUNTS to be adopted and signified his approval of the same by affixing his signature thereto. 26th Passed by the City Council on the day of May, 2020. City of Tiffin h I", 1 Steven L. Berner, Mayor ATTEST: Abigail Hora, City Clerk