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Shakopee City Council
September 17, 2019
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| | | | | | | | | FROM: | Darin Nelson, Finance Director | | TO: | Mayor and Council Members |
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| | | | | | | | Subject:
Resolution R2019-097, a resolution designating individuals authorized to perform certain banking transactions
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| | | | | | | | Policy/Action Requested:
Adopt Resolution R2019-097, a resolution designating individuals authorized to perform certain banking transactions.
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| | | | | | | | Recommendation:
It is recommended that the Assistant City Administrator, as acting Finance Director be named as the second authorized signer on physical checks. | | |
| | | | | | | | Discussion:
The city's bank requires formal action of the City Council to change the list of people authorized to sign city checks and authorize certain bank transactions. Currently the Mayor and Finance Director sign all checks. Since Darin Nelson's resignation, the Assistant City Administrator, as acting Finance Director will replace him as the authorized signer as of September 20, 2019. | | |
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