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Resolution Number 62-6-11-2165 RESOLUTION NO. 62-6-11-2 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO ADOPTING ORDINANCE NO. 50, RELATING TO CHANGE OF THE OFFICIAL DEPOSITORY OF THE CITY OF SAN JUAN CAPISTRANO AND DECLAR- ING THE URGENCY THEREOF WHEREAS, the City Council of the City of San Juan Capistrano finds that it is in the best interests of the City to adopt an urgency ordinance changing the official depository of the City from the United California Bank, San Clemente, to the San Juan Capistrano Bank; and WHEREAS, the City Council has reviewed and does approve of Ordinance No. 50 which effects the change of depository desired and was considered and passed as an urgency ordinance. NOW THEREFORE, BE IT RESOLVED that the City of San Juan Capistrano adopt and it does hereby adopt Ordinance No. 50 entitled 'tAn Ordinance of the City of San Juan Capistrano changing the deposit- ory for the General and Special Funds of the City of San Juan Capistrano, specifying procedures for deposits, determining authorized signatures necessary for withdrawals, declaring the urgency thereof, and repealing Ordinance No. 28" as an ordinance of the City of San Juan Capistrano. PASSED, APPROVED and ADOPTED this llth day of June, 1962, at a regular meeting of the City Council of the City of San Juan Capistrano, by the following vote, to wit: AYES: COUNCILMEN: DURNFORD, BATHGATE, OLIVARES & BUCHHEIM NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: CLIFF -Carl E. buchheim, Mayor ATTEST i Clerk or tne iy of San Juan Capistrano