Resolution 2012-10 RESOLUTION NO. 2012- 10
A RESOLUTION AUTHORIZING THE TRANSFER OF MOTOR FUEL TAX
FUNDS TO A NEW ACCOUNT WITH THE
ILLINOIS METROPOLITAN INVESTMENT FUND
Whereas, the City Council approved Resolution No. 2000-19 on August 10, 2009
that created a NOW checking account for the City's motor fuel tax funds at Castle Bank;
and,
Whereas, the City Administrator has requested that the above account be closed
and the existing motor fuel tax funds from that account be transferred to a new account
with the Illinois Metropolitan Investment Fund.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the United
City of Yorkville, Kendall County, Illinois, as follows:
Section 1. That the City Administrator is hereby authorized to close and transfer
the motor fuel tax funds from the existing Castle Bank account into a new account with
the Illinois Metropolitan Investment Fund.
Section 2. That the authorized signatories for the above Illinois Metropolitan
Investment Fund account shall be the Mayor, City Treasurer, City Administrator and
Finance Director and that two (2) signatories shall be required to approve and sign each
check for withdrawal from that account.
Section 3. That Resolution No. 2000-19 be and is hereby repealed.
Section 4. This Resolution shall be in full force and effect upon its passage and
approval as provided by law.
Passed by the City Council of the United City of Yorkville, Kendall County,
Illinois this���day of , A.D. 2012.
CITY CLERK
Resolution No. 2012-1_
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ROSE ANN SPEARS � DIANE TEELING
GEORGE GILSON JR. �f JACKIE MILSCHEWSKI
CARLO COLOSIMO Y MARTY MUNNS
CHRIS FUNKHOUSER ( LARRY KOT
Approved by me, as Mayor of the United City of Yorkville, Kendall County,
Illinois, this c26 day of Apk I L 2012.
MA)!OR
Resolution No. 2012- O
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