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L. <br /> 4 <br /> RESOLUTION NO. 2002- 098 <br /> A RESOLUTION OF THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, <br /> DIRECTING DEPOSITORIES OF COUNTY FUNDS TO <br /> HONOR CERTAIN AUTHORIZED SIGNATURES ON <br /> COUNTY CHECKS, WARRANTS, AND OTHER ORDERS <br /> FOR PAYMENT; PROVIDING FOR BOARD OF COUNTY <br /> COMMISSIONERS AND CLERK OF THE CIRCUIT COURT <br /> SIGNATORIES; RESCINDING RESOLUTION NO. 2002-001; <br /> AND PROVIDING FOR AN EFFECTIVE DATE. <br /> WHEREAS, on November 12, 2002, the Board of County Commissioners of <br /> Indian River County ("Board") selected Kenneth R. Macht as Chairman from November <br /> 19, 2002 until January 7, 2003, and Caroline D. Ginn as Vice Chairman from November <br /> 19, 2002 until January 7, 2003; and <br /> WHEREAS, Jeffrey K. Barton is the duly elected Clerk of the Circuit Court for <br /> Indian River County ("Clerk"), and he serves as clerk and accountant to the Board, <br /> pursuant to Section 125.17, Florida Statutes (2002); and <br /> WHEREAS, the Board has previously designated certain institutions as <br /> depositories of County funds; and <br /> WHEREAS, the Board's selection of Chairman and Vice Chairman requires a <br /> redesignation of signatories for County warrants, checks, and other orders for the <br /> payment of money drawn on the County's depositories; and <br /> WHEREAS, the Board has determined that the existing financial practices <br /> concerning personnel policies and employee compensation eliminate the need to <br /> require manual signatures on salary and other compensation warrants, checks, and <br /> other orders payable to Board employees. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br /> COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br /> 1. Previous designations by the Board of certain institutions as official depositories <br /> of County funds are hereby ratified and affirmed. <br /> 2. Manual signatures shall not be required on any checks, warrants, and other <br /> orders for the payment of money drawn in the name of the Board for the purpose <br /> of salary and other compensation to or for any Board employees. <br /> 1 <br />