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HomeMy WebLinkAboutOrdinance #4278 - Amending Title 1, Chapter 13, Section 1 (City Depositories) ORDINANCE #4278 AN ORDINANCE AMENDING TITLE 1, CHAPTER 13, SECTION 1 (CITY DEPOSITORIES) OF THE CANTON MUNICIPAL CODE ADOPTED BY THE CITY COUNCIL OF THE CITY OF CANTON ILLINOIS: FEBRUARY 15, 2022 PUBLISHED BY THE CITY CLERK PURSUANT TO THE AUTHORITY OF THE CITY COUNCIL OF THE CITY OF CANTON: FEBRUARY 15, 2022 STATE OF ILLINOIS ) ) SS. COUNTY OF FULTON ) CERTIFICATE I, Diana Pavley-Rock, certify that I am the duly elected City Clerk of the CITY OF CANTON, FULTON COUNTY, ILLINOIS. I further certify that on February 15, 2022, the City Council of such municipality passed and approved Ordinance#4278 entitled: AN ORDINANCE AMENDING TITLE 1, CHAPTER 13, SECTION 1 (CITY DEPOSITORIES) OF THE CANTON MUNICIPAL CODE The ordinance attached is a true and correct copy of the ordinance adopted by Canton City Council. DATED AT CANTON, ILLINOIS, THI 15 D FEBRUARY 2022 Dia a Pav y-Rock, MMC, City Clerk Seal City of Canton, Illinois ORDINANCE NO. 4278 AN ORDINANCE AMENDING TITLE 1, CHAPTER 13, SECTION 1 (CITY DEPOSITORIES) OF THE CANTON MUNICIPAL CODE WHEREAS, the City of Canton, Fulton County, Illinois (the "City") is an Illinois non- home rule municipal corporation, established in accordance with the constitution of the State of Illinois of 1970; WHEREAS, Title 8, Chapter 13, Section 1 of the Canton Municipal Code (the "Code") contains provisions related to the authorized official depositories of the City; WHEREAS, the City Council of the City of Canton has determined that it is necessary and in the best interest of the City to amend and update Title 1, Chapter 13, Section 1 of the Code to add and/or remove certain depositories. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS AS FOLLOWS: Section 1. That the City hereby finds as fact the recitals set forth above and incorporates said recitals herein as though fully set forth. Section 2. That the following depositories are qualified to receive city funds and money, and Section 1-13-1 concerning City Depositories, of the Canton Municipal Code is hereby amended to state as follows: The following financial institutions are hereby designated as official depositories of the city in which the treasurer is hereby directed to deposit all monies and funds from all accounts unless otherwise authorized by the city council: Wells Fargo,N.A. TBK Bank Mid-America National Bank Ipava State Bank Bank of Farmington CEFCU State of Illinois/Illinois National Bank,N.A. (Including Illini Funds and other ePay accounts) Banks, while acting as depositories, shall furnish the corporate authorities of the city with a copy of all statements of resources and liabilities, which is required to be furnished to the auditor of public accounts or to the controller of currency, as provided by law. 1 Section 3. That all ordinances or parts thereof in conflict with this Ordinance are hereby expressly repealed. Section 4. If any part or parts of this Ordinance shall be held to be unconstitutional or otherwise invalid, such unconstitutionality or invalidity shall not affect the validity of the remaining provisions of this Ordinance. Section 5. That this Ordinance shall be in full force and effect from and after its passage and approval as provided by law. PASSED THIS 15th day of February, 2022. AYES: Alderperson Andra Chamberlin, Craig West,Angela Hale, Jeff Fritz, Angela Lingenfelter NAYS: None ABSENT: Alderperson Justin Nelson, John Lovell, Greg Gossett APPROVED THIS 15"day of February, 2022. Kent A. McDoweW, Mayor ATT T: Diana Pav -Rock, C- er 2