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2009-007-RES-DESIGNATING AUTHORIZED SIGNATORIES FOR DRAWDOWN REQUESTS FROM THE OFFICE OF RURAL COMMUNITY AFFAIRSRESOLUTION NO. 2009-007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS; DESIGNATING THE AUTHORIZED SIGNATORIES FOR DRAWDOWN REQUESTS FROM THE OFFICE OF RURAL COMMUNITY AFFAIRS FOR ALL OF THE CITY OF PARIS' TEXAS COMMUNITY DEVELOPMENT PROGRAM PROJECTS; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING A1V EFFECTIVE DATE. WHEREAS, on August 27, 2007, the City Council approved the application for and acceptance of a grant from the Texas Department of Economic Development Main Street Program for sidewalk and other improvements in the Downtown area; and, WHEREAS, on May 21, 2008, the City of Paris was awarded a grant in the amount of $150,000.00, with the city of Paris pledging $65,000.00 in cash and in-kind services; and, WHEREAS, as part of the special conditions under the grant, and as a pre-requisite for having funds released for the project, it is necessary that the City designate the authorized signatories for drawdown requests under this grant, and the same should hereby be approved. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, THAT: Section 1. The findings set out in the preamble to this resolution are hereby in all things approved. Section 2. The following individuals are hereby authorized to sign the following documents for all Texas Community Development projects: State of Texas Purchase Vouchers: KEVIN CARRUTH CITY MANAGER Title W. E. ANDERSON FINANCE DIRECTOR Title Requests for Advance or Reimbursement: KEVIN CARRUTH Title W. E. ANDERSON Title CITY MANAGER FINANCE DIRECTOR Section 3. This resolution shall be effective until all grant program projects are officially closed-out or until this resolution is repealed or superseded by another resolution. DULY PASSED AND APPROVED this 26th day of January, 2009. % L 4a~ '_'~Px esse Jame reelen, Mayor ATTEST: , qa8n&ice Ellis, City Clerk APPROVED AS TO FORM: ~X~) W. Kent McIly ity Attorney Depository/Authorized Signatories Designation Form TEXAS COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM DEPOSITORY/AUTHORIZED SIGNATORIES DESIGNATION FORM Contractor City of Paris, Texas TxCDBG Contract No. 728002 The financial lending institution listed here will serve as the depository for the Texas Community Development Block Grant Program contract funds: Libertv National Bank (Name of Lending Institution) 305 Lamar Avenue (Address) Paris, Texas 75460 (City, State Zip Code) Fund Account Number: The individuals listed below are designated by resolution as authorized signators for contractual documents-(At least two (2) Signatories Required) Kevin Carruth 11 W. E. Anderson (Name) City Manager (Title) (Signature) (Name) Finance Director (Title) (Signature) (Name) (Title) (Signature) (Name) (Title) (Signature) NOTE: A copy of a Resolution passed by the city council or county commissioner's court authorizing the signators must be submitted along with this form.