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Resolution No. 1187RESOLUTION NO, 1187 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ESTABLISHING BANK ACCOUNTS WITH SECURITY PACIFIC BANK, THE CITY COUNCIL OF THE CITY OF CYPRESS HEREBY DOES RESOLVE, DETERMINE AND ORDER AS FOLLOWS: WHEREAS, the City Council of the City of Cypress had made application to the Local Agency Formation Commission of Orange County for the establishment of the Cypress Recreation and Park District as a subsidiary district of the City of Cypress pursuant to the District Reorganization Act of 1965 by Reso- lution No, 1067; and WHEREAS, the Local Agency Formation Commission of the County of Orange approved said change of organization and the hoard of Supervisors of Orange County conducted proceedings for such change of organization and on November 4, 1970, adopted Resolution No, 70-1178 which established the Cypress Recreation and Park District as a subsidiary district of the City of Cypress effective July 1, 1971; and WHEREAS, the Cypress Recreation and Park District is now a subsidiary district of the City of Cypress and the City Council of the City of Cypress acts ex officio as the Board of Directors of the Cypress Recreation and Park District is the governing board of said district.. NOW, THEREFORE, the City Council of the City of Cypress hereby does resolve as follows: SECTION 1: That the City Council establish in the name cf the Cypress Recreation and. Park District one or more accounts as necessary with Security Pacific Bank upon such terms and conditions as may be agreed upon with said Bank and that the Treasurer of said City is hereby authorized to establish such account, SECTION 2: That: Chairman of the Board of Directors General Manager of the Cypress Recreation and Park District City Treasurer City Finance Director are hereby authorized tc draw checks on said account cr accounts of the Cypress Recreation and Park District, signed as provided herewith with signatures duly certified to said Bank and said Bank is hereby authorized to honor and pay any and all checks so signed, including those drawn by any two persons herein authorized to sign same. PASSED AND ADOPTED by the City Council of the City of Cypress at an adjourned regular meeting held on the lst day of July, 1971, MAYOR OF THE CiTY OF CYPRESS ATTEST: 1 OF CITY RK 0 THE CI OF CYPRESS STATE OF CALIFORNIA COUNTY OF ORANGE SS I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at an adjourned regular meeting of said City Council held on the 1st day of July, 1971, by the following roll call vote: AYES: 5 COUNCILMEN: Kanel, Kanode, Lacayo, Roberts and Harvey NOES: 0 COUNCILMEN: None ABSENT: 0 COUNCILMEN: None CI' Y CLERK OF THE CITY OF CYPRESS