BOROUGH OF CLARKS SUMMIT Resolution 2020-02  Resolved this 6th day of January, 2020 by the Borough Council of Clarks Summit, County of WHEREAS, Section 1005, of the Borough Code defines the powers of the Clarks Summit Borough WHEREAS, Section 1005 (4), of the Borough Code allows for the appointment of one or more WHEREAS, Section 1316 oft the Borough Code allows fort the Investment of Borough Funds, and WHEREAS, Section 1313 oft thel Borough Code allows for payment froml Borough Funds. NOW,THEREFORE BEI ITI RESOLVED, byt the Council ofthe Borough ofClarks Summit, that:  Lackawanna, Commonwealth of Pennsylvania.  Council, and  depositories of] Borough Funds, and  1. 2.  The Wayne Bank, with corporate headquarters located inl Honesdale, Pennsylvania shall That, a Capital Reserve General Checking Account; Account Number 10058303,a Liquid Fuels Checking Account, Account number 10058310 and a Debt Service Checking Account, Account number 10049252, a Fire Fund Account, Account number 10131586, a Real Estate Checking Account, Account number 10131579, a General Fund Checking Account, Account number 10131551, a Sewerage Fund Checking Account, Account number 10131565 and a Capital Reserve - Sewerage Checking Account, Account number 10169225; shall be maintained with the Wayne That, all transfers on the above identified account, shalll be: authorized by two (2) elected and/or appointed Officials of the Borough, specifically at least one of the authorized That, the following Clarks Summit Borough Officials are authorized to sign checks  bei identified as a depository tol Borough Funds, and  Bank, and  3. 4.  shall be an elected official, and drawn on the: accounts ofthe Borough: Thel President ofCouncil, and/or The Vice President ofCouncil, and/or The Borough Manager/Secretary, and/or Thel Borough Treasurer  a) b) c) d)  Coeeer Council President    ATTEST: 2020./  Adopted at the Regular Meeting of the Clarks Summit Borough Council, this 6th day of. January,  Borough  Ef