Board of Directors Regular Meeting Agenda


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Meeting Date: 12/04/2019  

SUBJECT MATTER:
Receive, consider and act upon affirmation of the officers of the Township Board of Directors as authorized signers on the Township's bank accounts;
FISCAL IMPACT:
Not applicable.
BACKGROUND:
Historically, officers of The Woodlands Township Board of Directors have been designated as signers on the Township's bank accounts.  According to Board policy, two signers are required on checks issued over $50,000 and at least one of those signers must be a Board Director.  In practice, the Board Chairman and the Township President/General Manager serve as those two signers.  However, if one of those individuals is not available to sign checks, another Board officer is asked to do so.

On November 20, 2019, the Board of Directors elected its officers.  The purpose of this agenda item is for the Board of Directors to affirm the following Board officers as authorized signers on the Township's bank accounts:

Gordy Bunch (Chairman)
Bruce Rieser (Vice Chairman)
Ann Snyder (Secretary)
John Anthony Brown (Treasurer)
RECOMMENDATION:
Affirm that the officers of the Board of Directors are authorized signers on the Township's bank accounts.

    

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