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Town council adopts resolution updating bank signatories and two-signature requirement
Summary
The Town of Lake Placid adopted Resolution 2026-10 to rescind prior check-signing authorizations, designate the mayor and town administrator as primary signatories, require two signatures on negotiable instruments, and allow the vice mayor to be added upon appointment.
The Lake Placid Town Council on April 20 adopted Resolution 2026-10 to update the town’s banking authorization, rescind prior signatory designations and establish a two-signature requirement for checks and other negotiable instruments.
Town Administrator Charlotte Rodriguez outlined the resolution, saying it rescinds prior…
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