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Council and authorities adopt routine resolutions updating depository signatories
Summary
The City Council, Stillwater Economic Development Authority and Stillwater Utilities Authority each adopted resolutions updating authorized signatories on city/authority depository accounts to reflect personnel changes; the measures passed unanimously across bodies.
Three related resolutions updating authorized signatories for city and affiliated authority financial depositories were adopted during the meeting series. City staff explained the resolution updates were routine personnel changes: "From time to time, the city approves a resolution authorizing individuals, to sign on the city's financial accounts. The only changes being made at this time is due to personnel changes, the police department individuals have been updated," a staff member said. The item appeared on the City Council, the Stillwater Economic Development Authority (CEDA) and the Stillwater Utilities Authority (SUA) agendas and was adopted by each body with unanimous votes (5-0). Why it matters: these administrative resolutions change which city or authority employees are authorized to sign financial documents for bank accounts; the updates were described as personnel-driven and routine. Details: the City Council adopted Resolution CC-2025-20 (with companion resolutions SUA-2025-4 and CEDA-2025-3) and noted possible future changes for municipal court signatories as personnel retire or change roles. Each resolution passed 5-0. Outcome: all three bodies adopted their respective resolutions; staff will implement updated signature authorities with the city's depository institutions.
