23-8106 Banking Servicesr
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RESOLUTION NUMBER 23-8106
A RESOLUTION DESIGNATING THE OFFICIAL DEPOSITORIES FOR ALL MONEYS OF
THE CITY OF SALINA, KANSAS, PROVIDING AUTHORIZATION FOR WIRE
TRANSFERS, DESIGNATING AUTHORIZED CHECK SIGNERS, AUTHORIZING
SECURITIES PURCHASES AND/OR SELL AND REPEALING RESOLUTION NUMBER 19-
7773.
WHEREAS, K.S .A. 9-1401 requires that all municipalities designate by official action, all eligible
depositories of the governing body 's funds ,
WHEREAS, K.S.A. 9-1401 also states that banks , savings and loan associations and savings banks
which have main or branch offices in the county in which all or part of the municipality is located shall
be designated as such official depositories , and
WHEREAS, Bennington State Bank, Equity Bank, UMB Bank, Sunflower Bank, The Bank of Tescott,
Central National Bank, Solomon State Bank, Capitol Federal Savings, Bank VI (a Division of Plains
State Bank), First Bank Kansas , and Exchange Bank are all authorized depositories for municipal funds ,
and
WHEREAS , the City Manager, Deputy City Manager, Finance Director and Deputy Finance Director
are responsible for the daily financial operations of the City of Salina; SO NOW, THEREFORE
BE IT RESOLVED by the Go v erning Body of the City of Salina, Kansas :
Section 1. That all public moneys received by the City of Salina be deposited in Bennington State
Bank, Equity Bank, UMB Bank, Sunflower Bank, The Bank of Tescott, Central National Bank,
Solomon State Bank, Capitol Federal Savings, Bank VI , First Bank Kansas, or Exchange Bank, all
of which are authorized depositories of municipal funds , located in the City of Salina, Saline
County, Kansas.
Section 2. That the City Manager, Deputy City Manager, Finance Director, Deputy Finance
Director and Human Resource Director are authorized to approve ACH and wire transfer payments
on behalf of the City of Salina.
Section 3. That the City Manager, Deputy City Manager, Finance Director and Deputy Finance
Director may authorize check signers and access to the various accounts required by the City of
Salina.
Section 4. That the City Manager, Deputy City Manager, Finance Director and Deputy Finance
Director are authorized to approve the purchase and/or sell of securities for the account of the City
of Salina.
Section 5. That Resolution Number 19-7773 is hereby repealed .
Adopted by the Board of Commissioners and signed by the Mayor this 61h day of February, 2023.
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Michael L. Hoppo~