HomeMy WebLinkAboutResolution 83-1991 RESOLUTION NO. 83-91
AUTHORIZING AUTOMATIC PAYMENT PROCESSING OF
MISSOURI BASIN MUNICIPAL POWER AGENCY BILLS
WHEREAS, monthly payments are made to the Missouri Basin
Municipal Power Agency for the purchase of electric power supply,
transmission and membership dues; and
WHEREAS, these payments are currently made via City of Brookings
bank draft; and
WHEREAS, it is the intent of the Brookings Municipal Utilities
, Board (the "Board") to discontinue payments via bank draft and make
such payments via automatic bank payment processing; and
WHEREAS, it is the intent of the City Commission to allow the
Board to discontinue payment via bank drafts and make such payments
via automatic bank payment processing; and
WHEREAS, it is understood that procedures surrounding the
automatic bank payment processing will comply with SDCL 9-39-27
relating to monthly approval of expenditures by the Commission and
SDCL 9-18-1 relating to publication of expenditures.
NOW, THEREFORE, BE IT RESOLVED by the City Commission that the
Board enter into and be bound by all the terms and conditions
contained in the attached MISSOURI BASIN MUNICIPAL POWER AGENCY
AUTHORIZATION FOR AUTOMATIC PAYMENTS and that the General Manager of
the Brookings Municipal Utilities Board, be authorized to execute and
deliver on behalf of said entity, the attached Agreement.
sed and approved this 15th day of October, 1991.
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Finance Officer
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On October 2, 1991 , First National Bank in Brook;ngc W3S
(Date) (Name of Financial Institution)
authorized to initiate to the City of _xr��k;,,o� checking or
savings account drafts of electronic transactions payable to Missouri
Basin Municipal Power Agency for payment of power supply, transmission
and membership dues bills monthly as agreed to in the terms listed on
the authorization.
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AD`1�ORIZATION FOR ADTO�SATIC PAY�NTS
The City of Rrnnkinoe authorizes Missouri Basin Municipal
Power Agency and th inancial institution named below to initiate
entries to its checkin or sa s account circle one f r unt
due f a ment o• mon ly ower su transmission and membership
dues bills (cirele the appropriate ones) . This authority w remain in
effect until Missouri Basin Municipal Power Agency is notified in
writing to cancel it in such time as to afford the financial institution
a reasonable opportunity to act on it. Stop payment of any entry can be
made by notifying Missouri Basin Municipal Power Agency or the financial
institution three days before the aecount is charged. The City of
Brookings can have the amount of an erroneous charge
immediately credited to its account up to 15 days following issuance of
its statement .
First National Bank in Brookings
(NAME OF FINANCIAL INSTITIITION)
5th. St. & Sth. Ave.
(ADDRESS OF FINANCIAL INSTITIITION — STREET OR P.O. BOX)
_ _ BrookinQs SD 57006
(CITY) (STATE) (ZIP CODE)
Brooicin�s Municipal Utilities
(NAME OF CITY)
525 Western Avenue BrookinQs, SD 57006
(ADDRESS OF CITY)
Account No. 000-768-4 checking savings
Bank Routing Number 78-844 / 914
(Between symbols I : I : on the bottom of your check
or send a VOIDED check)
BrookinQs Municipal Utilities
oE BRoo (NAME OF CITY)
.�,1 �...»••.. �f'j
��:`��o�PO�'�,ti�N BrookinQs, SD 57006
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OFFI " Gene�a Manager
,
RESOLUTION NO. 32 - 91
RESOLUTION AUTHORIZING AUTOMATIC PAYMENT PROCESSING
OF MISSOURI BASIN MUNICIPAL POWER AGENCY BILLS
WHEREAS monthly payments are made to the Missouri
Basin Municipal Power Agency for the purchase of electric
power supply, transmission and membership dues; and
WHEREAS these payments are currently made via
Brookings Municipal Utilities bank draft; and
WHEREAS it is the intent of the Brookings
Municipal Utilities Board (the "Board" ) to discontinue
payments via bank draft and make such payments via automatic
bank payment processing; and
WHEREAS it is understood that procedures
surrounding the automatic bank payment processing will
comply with SDCL 9-39-27 relating to monthly Board approval
of expenditures and SDCL 9-18-1 relating to publication of
expenditures.
NOW, THEREFORE, BE IT RESOLVED by the Boa�r� that
the Board enter into and be bound by all the terms and
conditions contained in the attached MISSOURI BASIN
MUNICIPAL POWER AGENCY AUTHORIZATION FOR AUTOMATIC PAYMENTS
and that the General Manager of the Brookings Municipal
Utilities Board, be authorized to execute and deliver on
behalf of said entity, the attached Agreement.
Adopted this 12th day of September, 1991.
ATTEST:
Edward P. Hogan, Secretary Lynn A. Anderson, President