Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Fort Lee Parking Authority adopts Resolution 2025-23, grants executive director signatory authority at Freedom Bank
Summary
The Parking Authority adopted Resolution 2025-23 authorizing Executive Director Hernani Goncalves to sign checks and transfer documents at Freedom Bank through Dec. 31, 2025; the resolution passed unanimously at the April 8 meeting.
The Fort Lee Parking Authority on April 8 adopted Resolution 2025-23 to formalize its cash-management plan and designate authorized signatories for the Authority’s depository, checking and investment accounts. Executive Director Hernani Goncalves was named the individual authorized to sign checks, wire-transfer authorizations and other transfer documents for accounts at Freedom Bank; the authorization is set to expire Dec. 31, 2025.
The measure, described in the resolution as necessary to comply with N.J.R. 5:31-3.1 and N.J.R. 5:31-4.2, was introduced and discussed briefly by Executive Director Hernani Goncalves before a motion. Commissioner Michael Raskin moved to adopt the resolution; Commissioner J. Richard Radoian seconded. The resolution passed unanimously.
