RESOLUTION 2013 - 40
 (Designating Authorized Officials to Sign on Bank Accounts)

  BE IT RESOLVED that Columbia State Bank, Hood River Branch; Hood River County and the Oregon State Treasurer be and hereby designated as the banks and depositories for the funds of the City of Hood River (City).  These funds may be withdrawn as checks, drafts, receipts or advice of debit given or signed in the City name in the same manner as stated below:
  
    BANK AND ACCOUNT NAME                     SIGNATURES REQUIRED
       
I.  COLUMBIA STATE BANK
    Account Name – Account Number

A.  City of Hood River 1.  Donald H. Otterman, or
       Money Market Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  Check, VISA, Direct Pay Deposits  - and - either
 Acct # ending in 274  4.  Arthur Babitz, or
    5.  Ed Weathers    
B.  City of Hood River 1.  Donald H. Otterman, or
       Money Market Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  Electronic Deposits   - and - either
 Acct # ending in 863  4.  Arthur Babitz, or
   5.  Ed Weathers
        
C.  City of Hood River 1.  Donald H. Otterman, or
       Interest Checking Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  Claims Clearing - Disbursements   - and - either
 Acct # ending in 248  4.  Arthur Babitz, or
   5.  Ed Weathers
    
D.  City of Hood River 1.  Donald H. Otterman, or
       Interest Checking Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge, or
  Payroll  4.  Arthur Babitz, or 
 Acct # ending in 230  5.  Ed Weathers
   
                                          
E.  City of Hood River 1.  Donald H. Otterman, or
       Interest Checking Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  Municipal Court   - and - either
 Acct # ending in 386  4.  Arthur Babitz, or
   5.  Ed Weathers
   
F.  City of Hood River 1.  Donald H. Otterman, or
       Money Market Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  Stratton Gardens   - and - either
 Acct # ending in 709  4.  Arthur Babitz, or
        5.  Ed Weathers
G.  City of Hood River 1.  Donald H. Otterman, or
       Interest Checking Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  Fire G/O Bond Proceeds   - and - either
 Acct # ending in 475  4.  Arthur Babitz, or
        5.  Ed Weathers


H.  City of Hood River 1.  Donald H. Otterman, or
       Interest Checking Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  USDA – Phase II Project Construction Account   - and - either
 Acct # ending in 553 4.  Arthur Babitz, or
        5.  Ed Weathers


I.  City of Hood River 1.  Donald H. Otterman, or
       Interest Checking Public Account 2.  Jennifer Gray, or
        3.  Cindy Walbridge
  USDA – Indian Creek Project Construction Account   - and - either
 Acct # ending in 599 4.  Arthur Babitz, or
        5.  Ed Weathers
     
   
II. HOOD RIVER COUNTY 

 Investment Pool – # 645 – Permanent Rate 1.  Donald H. Otterman, or
        Investment Pool – # 644 – Bond Account 2.  Jennifer Gray, or
        Investment Pool – # 637 – Delinquent Sewer  3.  Cindy Walbridge


III. OREGON STATE TREASURY
 
 Local Government Investment Pool –  1.  Donald H. Otterman, or
          2.  Jennifer Gray, or
   3.  Cindy Walbridge
        
                                    
and that said bank shall be and is authorized to honor and pay the same whether or not they are payable to bearer or to the individual order of any person or persons signing the same.

  BE IT FURTHER RESOLVED that the aforesaid persons are authorized and empowered to make, collect, discount, negotiate, endorse and assign, in the City name, all checks, drafts, notes and other paper payable to or by this City; to make and enter into any and all agreements, including, but not limited to, Special Depository Agreements and Arrangements with references to the manner in which, conditions under which or the purpose for which funds, checks, or other items of this City may be deposited, collected, or withdrawn; to delegate to others such authority in connection with any Special Depository arrangement that may be deemed appropriate, and to do and perform such other and further acts and things in connection with or pertaining to the establishment of any account or the transaction of any banking business with said bank as they consider proper.

  BE IT FURTHER RESOLVED that those persons authorized by this Resolution to sign on bank accounts on behalf of the City, or such persons as are hereafter designated, are hereby authorized to deposit and invest City surplus funds, loan funds, or savings accounts in banks, mutual savings banks, and savings and loan associations doing business with Oregon in bonds or obligations of the City for which a sinking fund was created or in legally issued general obligation bonds of the United States or the State of Oregon.

  BE IT FURTHER RESOLVED that those persons authorized by this Resolution to sign on bank accounts on behalf of the City, or such persons as are hereafter designated, are hereby authorized to deposit and invest City working funds, surplus funds, loan funds, or sinking funds as described under the caption "Permitted Investments" of the investment policy and portfolio guidelines adopted by the City by Resolution 93-31, dated August 9, 1993.


  BE IT FURTHER RESOLVED that the authority hereby conferred upon the above named persons shall be and remain in full force and effective until written notice of the revocation thereof shall have been delivered to and received by the bank at the branches or offices where such accounts are maintained.

 ADOPTED this 12 day of November, 2013.


                                  
   Arthur Babitz, Mayor


ATTEST:      ___________________________
  Jennifer Gray, City Recorder