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RESOLUTION NO. 2014- <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA, DIRECTING <br />DEPOSITORIES OF COUNTY FUNDS TO HONOR CERTAIN <br />AUTHORIZED SIGNATURES ON COUNTY CHECKS, <br />WARRANTS, AND OTHER ORDERS FOR PAYMENT; PROVIDING <br />FOR BOARD OF COUNTY COMMISSIONERS AND CLERK OF <br />THE CIRCUIT COURT SIGNATORIES; RESCINDING <br />RESOLUTION NO. 2013-123 EFFECTIVE NOVEMBER 18, 2014 <br />WHICH SPEAKS TO AUTHORIZED SIGNATURES ON COUNTY <br />CHECKS, WARRANTS, AND OTHER ORDERS FOR PAYMENT; <br />AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, pursuant to Code section 101.02.1, on November 18, 2014, t <br />of County Commissioners of Indian River County ("Board") selected <br />as Chairman from November 18, 2014, and continuing through November 17, 20 <br />ie Board <br />5; and <br />WHEREAS, Jeffrey R. Smith is the duly elected Clerk of the Circuit Court and <br />Comptroller for Indian River County ("Clerk"), and he serves as clerk and account nt to the <br />Board, pursuant to Section 28.12, Florida Statutes (2014); and <br />WHEREAS, the Board has previously designated certain institutions as depositories <br />of County funds; and <br />WHEREAS, the Board's selection of Chairman requires a re-desig ation of <br />signatories for County warrants, checks, and other orders for the payment of mony drawn <br />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 require <br />manual signatures on salary and other compensation warrants, checks, and other orders <br />payable to Board employees; and <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF �OUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, as follows: <br />1. Previous designations by the Board of certain institutions as official depositories of <br />County funds are hereby ratified and affirmed. <br />2. Manual signatures shall not be required on any checks, warrants, and oth r orders <br />for the payment of money drawn in the name of the Board for the purposeof salary <br />and other compensation to or for any Board employees. <br />1 <br />171 <br />