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Council adopts Resolution 12 56 to continue treasury management services with Tri County Bank
Summary
City Manager Short told the council the Tri County Bank contract covers the city's operating accounts and that a new resolution is needed to reflect the new city manager's name; the council approved Resolution 12 56 by a unanimous roll-call vote.
The Blue Lake City Council voted unanimously to adopt Resolution 12 56, accepting treasury management services from Tri County Bank. City Manager Short explained the bank handles the city's operating accounts and said a new resolution was necessary so the city manager named on the agreement could re-execute the contract: "So we have an existing contract with Tri County Bank. It is a treasury management agreement that they cover all of our operating accounts, basically."
Short said the bank required a specific resolution format and that the city would insert the resolution number by hand on the document. A council member moved to approve Resolution 12 56; with no public comment, the council approved the resolution by roll call (all aye).
