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2007-434-Resolution No. 2007-043 Recorded 4/13/2007REVIE ED LEGAL COUNSEL ;-COUNTY rr n NANCYUBLANKENSHIP,FCOUNTY CLERKDS VY 2OV7-434 COMMISSIONERS' JOURNAL 0411312007 04;11;38 PM 111111111111111111111111111(III 20 -434 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Establishing a Bank Account For ACH Transactions RESOLUTION NO. 2007-043 WHEREAS, Deschutes County has a need for a bank account for handling ACH disbursements; and, WHEREAS, ORS 294.465 provides that bank accounts for handling disbursements must be established by resolution of the Board of County Commissioners; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That a bank account shall be established for the handling of ACH disbursements. Section 2. That the amount deposited into such account will cover returned ACH items associated with property tax payments received by ACH. Section 3. Disbursements from this bank account must be supported by a record for such disbursement and an accounting of all such expenditures shall be maintained with the account records. Section 4. The Finance Department will be responsible for the reconciliation of the account in accordance with its policies and procedures. DATED this I � th day of April, 2007. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, (AREGON 0, ATTEST: AYAWEY, LUKE, Vic -Chair Recording Secretary TANmmissioner PAGE 1 OF I -RESOLUTION NO. 2007-043 (4/11/07)