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FPUA board updates bank signatories, names new CFO signatory in Resolution UA2025-08

3205921 · May 6, 2025
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Summary

The Fort Pierce Utilities Authority board approved Resolution UA2025-08 to update corporate banking signatories, making the newly appointed chief financial officer an authorized signer as a retiring staff member is removed.

The Fort Pierce Utilities Authority board on May 6, 2025 approved Resolution UA2025-08 to update corporate banking signatories and authorize the new chief financial officer for bank permissions with PNC Bank and other financial institutions.

Mr. Cisneros introduced the item as an administrative update noting the resolution was originally listed on the consent agenda but published on the regular agenda. Staff said the change is procedural: Barbara (last name not specified in the transcript) is retiring and Michelle (last name not specified) has assumed the chief financial officer role; the resolution updates bank signatories accordingly. A reading of the resolution was provided: “Resolution number UA2025-08, collective banking resolution with PNC Bank to update signatories signatures and adopt corporate banking resolution authorizing the new chief financial officer banking and banking permissions.”

There was no substantive discussion; a motion to approve carried on roll call with all voting members present recorded as voting yes (Mrs. Bennett; Mrs. Gibbons; Mayor Hudson; Mr. Fee).