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Resolution Number 11 -0,e <br /> RESOLUTION OF COUNCIL <br /> WHEREAS it is in the best interest of the City of Centerville, Minnesota, to enter into an arrangement to <br /> provide the City with credit by way of a Corporate MasterCard account; <br /> WHEREAS the City has the power and authority to obtain credit; <br /> NOW THREFORE BE IT RESOLVED BY THE CITY OF CENTERVILLE, MINNESOTA: <br /> 1. THAT the City is authorized to enter into an arrangement with the BANK OF MONTREAL to provide <br /> the City with credit by way of a Corporate MasterCard account in an amount of up to US$36,000, <br /> under which arrangement employees of the City may be issued with Corporate Cards on the <br /> MasterCard corporate account of the City with the Bank and the City shall be responsible for the <br /> payment of all amounts, including fees and interest, charged to such corporate account, the whole <br /> substantially on the terms and conditions set forth in the draft Corporate MasterCard Account <br /> Agreement submitted to and hereby approved by the City Council. <br /> 2. THAT the Mayor and Administrator are hereby authorized to sign for and on behalf of the City a <br /> Corporate MasterCard Account Agreement with the Bank substantially on the terms and <br /> conditions of the draft thereof approved by the Council, with such changes or modifications as the <br /> person(s) so signing may in their/his sole discretion deem appropriate, and to sign such other <br /> documents and do such other things they/he in their/his sole discretion deem appropriate or <br /> advisable in connection with or to give effect to such Corporate MasterCard Account Agreement <br /> and the program contemplated thereunder. The entire balance of the account shall be paid each <br /> month by the due date of the credit account statement. <br /> Adopted this / t day of 1'1 c c 2011 / <br /> Tom Wilharber, Mayor <br /> C_Attest; , <br /> Teresa Bender, City Clerk <br /> I, the undersigned, Clerk of the City of Centerville hereby certify that the foregoing is a true, correct and <br /> / plete copy of a resolution of the Council of the City passed effective the , 6c ' day of <br /> i.s-r.0 2011, and the said resolution is in full force and effect and unamended as of the date <br /> hereof. l <br /> This 74 day of l/, / ,c , 2011. <br /> �C`cSa� Eenderr <br /> Name <br /> _ <br /> Signature <br />