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R-1583 - 08/09/2016 - FINANCE - Resolutions RESOLUTION 2016-FI-BNKSRV-SA-R-1583 A RESOLUTION ADDING AND REMOVING VARIOUS OFFICERS AS SIGNATORIES ON VILLAGE BANK ACCOUNTS WHEREAS, the Village maintains various bank accounts (collectively, "Bank Accounts'j; and WHEREAS, Finance Director/Treasurer Sharon Dangles is an authorized signatory on the Village's Bank Accounts; and WHEREAS, Sharon Dangles is resigning her employment with the Village, effective August 9, 2016; and WHEREAS, Assistant Finance Director Jason Paprocki will serve as the Acting Finance Director/Treasurer until the Village appoints a new Finance Director/Treasurer; and WHEREAS, Village Board desires to: (i) remove Sharon Dangles as a signatory on the Bank Accounts, effective August 9, 2016; and (2) add Jason Paprocki as a signatory, effective on the date of passage of this Resolution; and WHEREAS, the Village President and Board of Trustees hereby find and determine that it is in the best interest of the Village to approve this Resolution; NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: Recitals. The foregoing recitals are incorporated into, and made a part of, this Resolution as the findings of the Village President and Board of Trustees. Section 2: Removal of Authority to be Signatory. The President and Board of Trustees hereby removes and repeals the authority of Sharon Dangles to serve as a signatory on the Village's Bank Accounts, effective August 9, 2016. Section 3: Authorization to be a Signatory. The President and Board of Trustees hereby authorize and appoint Jason Paprocki to serve as a signatory on the Bank Accounts. Section 4: Execution of Required Documentation. The President, the Village Manager, the Village Clerk, and the Village's Finance Director are hereby authorized to execute and attest, on behalf of the Village, all necessary documents to effectuate Sections 2 and 3 of this Resolution. Section 5: Effective Date. This Resolution shall be in full force and effect upon passage and approval in the manner provided by law. [SIGNATURE PAGE FOLLOWS] Resolution 2016-FI-BNKSRV-SA-R-1583 Bank Account Authorization Page 2 of 2 APPROVED THIS 9th day of August, 2016. �f Gopal G. Lalmalani Village President PASSED THIS 9th day of August, 2016. Ayes: Trustees Adler, Mar, Manzo, Moy, Yusuf Nays: None Absent: Trustee Tiesenga ATTEST: Z. > k Charlotte K. Pruss Village Clerk A° PC 'T�� �