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Resolution 04633RESOLUTION O. 4633 C!"T,,ATING A '1%TiW FUED TO BE KNOWN AS "CITY EMPLOYEES PAT' ROLL FUND" ANID AUTI TIO RIZINN THE OPIENING OF ANT ACCOUNT WITH AMERICAN TRUEST C01VIPATn-r, SAID ACCOUNT TO BE XIOWN AS "CITY OF AIATUj,',T)A PAY ROLL ACCOUNT" WIEEIUEAS, the City Auditor has recomnended to this Council that the method and mechanics of paying City employee salaries be altered and changed; and V',TITEREEAS, said recon nendation is based on the premise that such changes will conserve time and labor, in the offices of the City Auditor and City Treasurer and provide a more efficient nethod of meeting pay roll demands; and VIIIIEREASP the Council has been fully advised in the premises and is of the opinion that the best interests of the City will be served by the adoption of the Auditor's recommendation In this matter; NOW T11E1a'F0R-E9 !11E IT 1TE"CL WED BY TH13, COUNCIL 01P THE CITY OF ALAMEDA: 2. That there be and there is hereby created a new City fund to be known as "City Employees Pay Roll Fund", into which fund shall be transferred from the several fends affected, semi-monthly, sufficient moneys to meet current pay ro12 demands, and from which fund shall be paid all salaries becoming due employees of the City of Alameda. 2. That the Auditor and Treasurer be, and they are hereby, authorized to make to said fund all transfers from other affected City funds necessary to meet the City pay rolls, as paynont thereof becomes due, 3. That the Auditor be, and he is hereby authorized, on behalf of the City of Alameda, to open with American Trust Company, Alameda, an account to be known as "City of Alameda Pay Roll Account" and to deposit City moneys in and draw City checks against said account for the purposes of making payments of salaries becoming due employees of the City of Alameda and collecting salary deduction items for payment into the proper funds. 19 the undersigned, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted by the Council of the City of Alameda in regular meeting assembled on the 1st day of July, 1952, by the following vote, to wit: A)L7ES: Councilmen Anderson, Branscheld, Sweeney and President Osborn, (4). NOES: None. ABSENT: Councilman Jones, (1). IN WITNESS WHEBEOF, I have hereunto set nU hand and affixed the official seal of said City. this 2nd day of July, 1952. (SEAL) SHIRLEY H. TENNIER City Clerk or t) -Le City of Alameda I hereby certify that the foregoing is a full, true and correct copy of "Resolution No, 4633, CREATTNG A NEW FUND TO BE K70WN AS 'CITY EIMPL01.7EES PAY POLL FUND' AND AUTICRIZING THE, OPTENING OF AN ACCOUNT WITH AMERICAN TRUST COMPANY, SAID ACCOUNT TO BE ThOWN AS ICIT7 OF AIAMEDA FAY ROIZACCOPNTI, introdwed and adopted by the Council on the 1st day of July, 1952. City Clerk of the City of Alameda E 257