R-97-04FRB CNGO2.41 (REV 11/30/84) NS RESOLUTION NO. R-97-04
SUGGESTED RESOLUTION FOR ENACTMENT
RESOLVED, that the First National Bank of Chicago utilize the services of
(Name of Financial Institution)
Federal Reserve Bank of Chicago for the custody of securities pledged to the Village of Deerfield
(Nome of Public Body (pledgee))
or to any of its agencies or departments, upon terms and conditions prescribed by the Federal Reserve Bank of
Chicago.
RESOLVED, that such securities deposited for custody with Federal Reserve Bank of Chicago may be released from
custody to First National Bank of Chicago upon the signature of:
(Norne of Financial Institution)
any two: Mayor, Village Manager, Finance Director /Treasurer, Asst. to the Finance
(Show how many signatures are required: e.g., "any two of the following, Treasurer, Director
Clerk, President." List only titles of those authorized: e.g., Treasurer, Clerk, President. Do
not insert names of persons.)
RESOLVED, that the Village of Deerfield Clerk forward a certified copy of this
(Name of Pledgee)
resolution to Federal Reserve Bank of Chicago together with a certificate attesting to the names and signatures of
the present incumbents of the offices described above; and that the Village of Deerfield
'(Name of Pledgee)
Gerk further certify to the bank from time to time the signatures of any successors in office of any of the present
incumbents.
RESOLVED, that Federal Reserve Bank of Chicago shall be fully discharged from all liabilities or responsibility for
any action tarred out in accordance with this resolution and it shall be entitled to rely on this resolution until it receives
express written notice to the contrary In the form of a certified copy of a" subsequently enacted resolution.
RESOLVED, that this resolution shall supersede and cancel all previous resolutions relating to the custody of
securities at Federal Reserve Bank of Chicago.
herebv certify that the foregoing is a true and correct coav of a Resolution of the Board of Trustees
of the Village of Deerfield adopted at a meeting of said Board
(Name of Pledgee)
duly called and held on the 7th
(Nome of Governing Board)
of Trustees
(Name of Governing Board)
day of_ April 19 97 _, a
quorum being present, as said Resolution remains of record in the minutes of said meeting, and it is now in full force
and effect.
Dated the 7th day of April 19--UL. +t
Clerk
LD
(Corporate Seal)
(The clerk's signature on the certification of the resolution
and his signature and the signatures of those authorized
to act for the pledgee containedin the signature certifica-
tion should be guaranteed by a financial institution that
maintains an account with the Federal Reserve Bank.)
Pledge Account
SIGNATURE GUARNATEED
(Name of Depository Institution)
By:
Title:
(Depository Institution Seal)
.1`�'i Y V� !'. 3'
e� Y
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FRS CMGO 2-42 (REV t? /= NS
CERTIFICATE OF INCUMBENCY
TO THE FEDERAL RESERVE BANK OF CHICAGO:
I/We certify that the names of the incumbents of the offices authorized by a Resolution of
the Board of Trustees - Village of Deerfield
adopted the
7th
(nanx of governing body and nan.e of public body (piedget)
day of Apr -i 1 19 '17 to direct the release from
custody, securities pledged to the Village of Deerfield and held in safekeeping by Federal
(name of pledger)
Reserve Bank of Chicago, and their signatures are as follows:
Name
Bernard Forrest
Robert D. Franz
George Valentine
Sheila Stillman
Title
Mayor
Village Manager
Finance Director /Treasurer
Signature
� M
Asst. to the Finance Direc or - I ./ , i
Dated the 7th day of April I9 37
(Corpora.e Soso
Clerk LD
SIGNATURES GUARANic.cD
(Name of depository his -tt- ion)
by
Title
(The clerk's slpnaturr on 11712 csrrlflcate and the slgnaturtis of tho" authored to
act tar the pledgee appearfnq above shouldbo puaranfeed by ffnancialInsfltutlon
that maintains an account with the Federal Reserye Bank) (D+Do:frory Inatffutlon Sea!)
F:aderal Rejarva E3ank of Chicago
P.O. Box 834
ailcago, Illinois 60640.0834
Gentlemen:
CUSTODY AGREEMENT
4/14/97
a.l.
You are hereby authorized to - accept and hold In custody for our account securities by
First Chicago Bank
rledgor
One First National Plaza Chicago, IL 60670
Address (City and Stale) '
We agree flint such securities are held subject to the terms and conditions of your Operating Circular No. 13-A
and hereby signify our knowledge and acceptance of the terms and conditions of said circular.
We further agree flint at your convenience you may accept securities from the pledgor as replacement, or In
substitution for those securities presently held, provided that such leplacement or substitution does not reduce (lie
aggregate par amount of securities held for our account,
11iis authorization Is limited to the following designated securities:
(Indicate YES or NO on lines provided. Leave no blanks.)
A. Obligations of the United Stales Govemmenl:
Treasury Bliis, Certificates of Indebtedness,
Notes and Bonds.
D. Obligations of United Slates Government Agencies.
C. Obllgollont of the State of
D. Obligations of the various States.
E Obligations of municipalities and public bodies
located In
(indicole name o/ Slole(41
F. Obligations of any municipality or public body
locoted in the fifty States, or territories or
Insular possessions of the United Stow.
G. Other (Specify)
(Corporate Sent)
SiGNATURE(S) GUARANTEED
(Nome of vtposllory inslitullon)
Dy: .
Mile:
N/A
N/A
N/A
N /A.
.Ili ,/ A
Village of Deerfield
(No r o pu boJy (pledg l
[3
Title: Finance Director /Treasurer
Address :850 Waukegan Rd.
Deerfield, IL 60015
(Donostlory InstitUrlon Sentl