RESOLUTION NO. 39-07

A RESOLUTION AMENDING RESOLUTION NO. 167-05 PASSED AND ADOPTED BY THE CITY COUNCIL NOVEMBER 2^ND, 2005 TO MODIFY AUTHORIZED SIGNATURES

Recitals.

 The City Council has authorized an agreement for banking services with Alpine Bank by Resolution No. 167-05, adopted by the City Council on November 2, 2005.

 Resolution No. 167-05 authorized which City employees could sign for the City’s various bank accounts.

 Staffing changes have created the need to change the designated

 signatories.

 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO that the signatories section of Resolution No. 167-05 is hereby amended to read:

   That the names and titles of the persons authorized to sign demands against    the various accounts are as follows:

 PAYROLL CLEARING: any two

David A Varley, City Manager

Jodilyn M Romero, Finance Manager/Finance Director

ACCOUNTS PAYABLE CLEARING: any two

David A Varley, City Manager

Jodilyn M Romero, Finance Manager/Finance Director

Lanny Paulson, Budget Manager

WORKER’S COMPENSATION CLEARING: As authorized and directed by the Finance Director.

INVESTIGATIONS CLEARING: As authorized and directed by the Finance Director.

WORKER’S COMPENSATION CLEARING: As authorized and directed by the Finance Director.

INVESTIGATIONS CLEARING: As authorized and directed by the Finance Director.

PETTY CASH CLEARING: Any employee of the City is authorized to

sign a check for the Petty Cash Account. The Bank will not be held liable

with the following stipulations:

1)  No check will be honored if the amount is over $100.

2)  No check will be honored unless it has the employee’s signature and Identification Number on the check.

 ADOPTED AND APPROVED THIS 21^st day of March, 2007

                     APPROVED:

           /s/ James J. Doody      

           President of the Council

 ATTEST:

 /s/ Stephanie Tuin    

 City Clerk