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RES 1996-06TOWN OF TROPHY CLUB, TEXAS A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS APPROVING THE CORPORATE AUTHORIZATION RESOLUTION FOR CERTAIN FINANCIAL SERVICES TO BE PROVIDED BY KELLER STATE BANK ON BEHALF OF THE TOWN; AUTHORIZING AND DIRECTING THE MAYOR AND OTHER NECESSARY TOWN REPRESENTATIVES TO EXECUTE THE RESOLUTION; PROVIDING AN EFFECTIVE DATE. WHEREAS, in addition to entering into a contract for depository services with a bank, the Town of Trophy Club, Texas is authorized by Section 105.018, Tex. Loc. Gov. Code, to contract with financial institutions, including banks, for additional financial services under a separate contract; and WHEREAS, the Town Council does hereby find that the additional financial services to be provided by Keller State Bank, including the electronic transfer of funds, are necessary in the administration and transfer of Town funds. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: Section 1. The above and foregoing premises are true and correct and are incorporated herein and made a part hereof for all purposes. Section 2. The Town Council does hereby approve the Corporate Authorization Resolution with Keller State Bank for certain financial services, including the electronic transfer of funds, to be provided by the Bank. A true and correct copy of the Corporate Authorization Resolution is attached hereto and incorporated herein by this reference. Section 3. The Mayor of the Town is hereby authorized and directed to execute the said Corporate Authorization Resolution on behalf of the Town. Section 4. This Resolution shall become effective from and after its date of passage as provided by law. -1- DOC #: 352967 PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas LUIS the 19th day of March , l9S" ATTEST: �1 g III ., Town Secretary, Town of Trophy Club, Texas [SEAL] APPROVED AS TO FORM: Town A rney, Town of Trophy Club, Texas -2- DOC #: 352967