TOWN STAFF REPORT RECCOMENDATIONS
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Consider approving Resolution 23-22 authorizing the signers of the Town of Westlake and Westlake Academy Depository Accounts with First Financial Bank; and take appropriate action
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STAFF: Troy Meyer, former Assistant Town Manager
BACKGROUND:
Due to staffing changes, it is necessary to update the authorized signers on the Town’s and Academy’s First Financial Bank accounts and TexPool.
Current signers on these accounts include: Troy Meyer, former Assistant Town Manager; Sean Kilbride, Mayor; David Quint, Mayor Pro-Tem; and Cayce Lay Lamas, Director of Finance. Troy Meyer will be removed from all accounts.
The Director of Finance’s signature will appear on all checks, with the Mayor or Mayor Pro-Tem, signing all checks over $10,000. The Mayor and Mayor Pro-Tem sign checks in emergency situations when two signatures are required, and the primary signer is unavailable.
STAFF RECOMMENDATION:
Staff recommends approval of Resolution 23-22 amending the authorized on the Town of Westlake and Westlake Academy depository accounts with First Financial Bank and TexPool; and take appropriate action
TOWN COUNCIL ACTION/OPTIONS:
1) Motion to approve Resolution 23-22
2) Motion to amend Resolution 23-22, with the following stipulations (please state stipulations in motion)
3) Motion to table
4) Motion to deny