HomeMy WebLinkAbout05. 19-502 SEPTEMBER 10, 2019 19-502 RESOLUTION
(CARRIED 6-0 LOST LAID OVER WITHDRAWN )
PURPOSE: UPDATE DESIGNATION OF AUTHORIZED INDIVIDUALS FOR
CITY FINANCIAL MATTERS AND INVESTMENT TRANSFERS
INITATED BY: CITY ADMINISTRATION
WHEREAS, the City Finance Director/ Treasurer and is responsible for all fiscal
transactions of the City of Oshkosh and in the Director's absence the Assistant Finance
Director is responsible for the duties and responsibilities of the Finance Director; and
WHEREAS, it is necessary from time to time for the City of Oshkosh to make fund
or other investment transfers or sales; and
WHEREAS, it is necessary to establish clear authority for investment transactions
so that transactions may be completed in a timely and efficient manner.
NOW, THEREFORE, BE IT RESOLVED by the Common Council for the City of
Oshkosh that the following individuals are hereby designated as the representatives for
the City of Oshkosh to act on the City's behalf for all financial matters and for all
investment transactions pertaining to City of Oshkosh Investment accounts:
Russell Van Gompel/Finance Director/Treasurer
Jennifer Messerschmidt, Assistant Finance Director/Treasurer
BE IT FURTHER RESOLVED that this Resolution repeals and replaces all prior
designations and authorizations for the City of Oshkosh in relation to the City's
investment accounts.