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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />s <br />e terviffe <br />Esta6Cished 1857 <br />Agenda Item # <br />Department: <br />Requested Council Meeting Date: <br />VII.S <br />Administration <br />June 14, 2023 <br />TITLE OF ISSUE: <br />Authorize Assistant City Administrator to Perform Banking and Investment Duties <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />It is reasonable and prudent to have the Assistant City Administrator act as a backup for the City Administrator <br />in the performance of all necessary duties. The City Council is being requested to provide explicit authorization <br />for banking and investment duties in the City Administrator's absence. This authority will continue at Mr. <br />Statz's direction when he returns from his extended leave. <br />This will authorize City Administrator Mark Statz, Assistant City Administrator Athanasia Lewis, Mayor D. <br />Love, and Acting Mayor Russ Koski to sign checks and authorize transactions at MidWestOne Bank. This will <br />also allow Assistant City Administrator Lewis to authorize investment transactions initiated by Finance <br />Director Bruce DeJong at MidWestOne Bank, the 4M Fund, and RBC. <br />COST AND SOURCE(S) OF FUNDING: <br />N/A <br />REQUESTED COUNCIL ACTION: <br />Staff recommends that the City Council approve the resolution as presented. <br />For Clerk's Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: <br />Resolution Ordinance Contract Minutes Plan Map <br />Second By: <br />X <br />Vote Record: Ave Na <br />0 Love <br />Koski <br />Taylor <br />King <br />Other (specify) <br />Mosher <br />Administration Department Use: <br />Consent <br />Refer to: <br />Regular <br />Tabled Until: <br />L-1 Other: <br />