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1/00reso.bank/A/ef RESOLUTION NO. 2000- OO8 A RESOLUTION OF INDIAN RIVER COUNTY, AUTHORIZING THE ISSUANCE OF PURCHASE CARDS IN THE NAME OF INDIAN RIVER COUNTY ON ACCOUNT WITH FIRST UNION NATIONAL BANK AND GRANTING AUTHORITY TO THE COUNTY ADMINISTRATOR TO DESIGNATE THE RECIPIENTS OF THE CARDS. WHEREAS, there are occasions when it would be to the advantage of the County to purchase certain goods and services by purchasing card so that the items can be obtained promptly with a proper accounting trail documented by the issuing financial institution; and WHEREAS, Florida law allows counties to issue such cards to certain employees as a mean to improve public efficiency and accountability of public funds; and WHEREAS, Indian River County wishes to authorize participation in a purchasing card plan with First Union National Bank (hereinafter "Bank"); NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS that: The Board hereby authorizes the County Administrator or his designee to set up an account in Bank in the name of Indian River County to: a) borrow money and/or obtain or continue credit (with or without security) from Bank, including but not limited to credit extended through the issuance of credit (purchase) cards, upon such terms and conditions and in such amounts as set out in a separate document entitled "First Union Purchasing Card Account Agreement"; b) execute and/or endorse all documents necessary or required by Bank to evidence or consummate the issuance of such purchasing cards; and c) guarantee the obligations of authorized card holders to Bank within the limits of their borrowing authority; 2. The County Administrator is designated by the County to authorize issuance of purchasing cards for employees who are determined by the Administrator to require such a card. The authorization shall be in writing. 3. Bank shall have the right to extend additional cards to individuals as are named from time to time as being so authorized in any letter form or other written notice from the County Administrator or his designee. 4. The County shall furnish Bank a certified copy of this resolution.