RES 2017-03 Comerica bank signatures TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2017-03
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF
TROPHY CLUB, TEXAS, APPROVING AND AUTHORIZING
AMENDMENTS TO FINANCIAL INSTITUTION DOCUMENTS NAMING
AUTHORIZED TOWN REPRESENTATIVES ON COMERICA BANK
SIGNATURE ACCOUNTS; APPOINTING AUTHORIZED
REPRESENTATIVES, AND DESIGNATING INVESTMENT OFFICERS.
WHEREAS, the Interlocal Cooperation Act, Chapter 791 of the Texas
Government Code, as amended (the "Interlocal Act"), permits any "local government" to
contract with one or more other "local governments" to perform "governmental functions
and services," including investment of public funds (as such phrases are defined in the
Interlocal Act); and
WHEREAS, the Interlocal Act authorizes the contracting parties to any interlocal
agreement to contract with agencies of the State of Texas, within the meaning of
Chapter 771 of the Government Code; and
WHEREAS, the Public Funds Investment Act, Chapter 2256 of the Texas
Government Code, as amended (the "PFIA"), authorizes the entities described in
Subsection (a) of the PFIA to invest their funds in an eligible public funds investment
pool; and
WHEREAS, it is in the best interests of this governmental unit ("Applicant') to
invest its funds jointly in Comerica Bank in order better to preserve and safeguard the
principal and liquidity of such funds and to earn an acceptable yield; and
WHEREAS, Applicant is authorized to invest its public funds and funds under its
control in Comerica Bank and to enter into the participation agreement authorized
herein; and
WHEREAS, the Government Entity is a Government Entity as defined in the
Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
Section 1. The form of application for participation in Comerica Bank attached
to this resolution is approved. The officers of Applicant specified in the application are
authorized to execute and submit the application, to open accounts, to deposit and
withdraw funds, to agree to the terms for use of the website for online transactions, to
designate other authorized representatives, and to take all other action required or
permitted by Applicant under the Agreement created by the application, all in the name
and on behalf of Applicant.
Section 2. This resolution will continue in full force and effect until amended or
revoked by Applicant and written notice of the amendment or revocation is delivered to
the Comerica Bank Board.
Section 3. Terms used in this resolution have the meanings given to them by
the application.
PASSED AND APPROVED by the Town Council of the Town of Trophy Club,
Texas, on this 28th day of March 2017.
% /1L
C. Nick Sanders, Mayor
Town of Trophy Club, Texas
I
ATTEST: �
�v UA'S'.�- APPRO AS TO FORM:
COQiIP\ --;tNIN + —
C� 4r /‘ / -
Holly Fimbres,Town Secretary ���' � J. David Dodd, Town Attorney
Town of Trophy Club, Texas / � Torwn of Trophy Club, Texas
RES 2017-03 Page 2 of 3
EXHIBIT A
Comerica Bank Authorized Representative Add Form
RES 2017-03 Page 3 of 3
Declaration for Comerica Bank's Municipalities Department Internal Funds Transfer Service
Name Of Business Company
Town of Trophy Club
Principal Address
100 Municipal Drive Trophy Club, TX 76262
DECLARATION:
1. The above named Company is authorized by its governing documents to enter into a Comerica Bank Municipalities Department
Internal Funds Transfer Service Agreement.
2. The following person(s)are each individually authorized to:
a. enter into a Comerica Bank Municipalities Department Internal Funds Transfer Service Agreement,
b. authorize transfers of funds held at Comerica Bank in the name of Company or in the Company's capacity as agent or
authorized signer for accounts held in the name of others, even if such persons are not designated as Authorized Signers on
such accounts,
c. designate the name of each person, including his/her own name,that are authorized to initiate internal funds transfer requests
under the Comerica Bank Municipalities Department Internal Funds Transfer Service Agreement,
d. revoke the authority of any person named as authorized to initiate Comerica Bank Municipalities Department Internal Funds
Transfer requests.
Print Name of Authorized Agent Signature
(1) Thomas Class I 4r1
(2) Amber Karkauskas
(3)
(4)
3. The Company's authorized representative of the Company will certify the name and signature of each Authorized Agent named
above. Changes to Authorized Agents will be certified and submitted by the Company's authorized representative.
4. Comerica Bank shall be fully protected, indemnified and held harmless from loss, expenses, claims and damages arising out of its
reliance on this Declaration until Comerica Bank has received written notice from an authorized representative of the Company that
this Declaration has been revoked in full or in part and has had a reasonable time to act on such notice(see paragraph 5 below).
5. This Declaration and the representations contained herein shall continue in force and effect until Comerica Bank receives a written
notice of change, amendment or revocation in regard to this Declaration from an authorized representative of the Company.
Comerica Bank shall have a reasonable time to act(not less than one full Business Day, but no more than two full Business Days)
on such written notice. All agreements or documents previously executed and acts previously done to carry out the purposes of this
Declaration are ratified, confirmed and approved as the acts of Company and are be binding upon the Company.
Comerica Municipalities Department Use Only
Department Employee Receiving Declaration:
Date:
1
Corporation/Association-Certificate Of Secretary
I certify that the Corporation/Association("Company')is duly organized and existing under the laws of the State of that the
Declaration accurately reflects the resolution(s)adopted at a meeting of the Company's Board of Directors, at which a quorum was present and voted;
and that the persons designated above as authorized agents have been duly appointed, and the Declaration is still in full force and effect.
X Date
Secretary/Assistant Secretary(circle one)
Print Name
If the Secretary/Assistant Secretary named above is also named as an Authorized Agent in paragraph 2 of the Declaration, then the
certification by an Officer or Director other than the Secretary/Assistant Secretary certifying the Declaration is also required.
I certify that this Declaration is accurate and currently effective:
X Date
Print Name Title
Partnership/Joint Venture Authorization Certificate
The Partnership/Joint Venture("Company")is organized and existing under the laws of the State of . The
undersigned are all of General Partners/Joint Venturers necessary to conduct business in the name of the Company.Each represents and
agrees that this Declaration does not contradict any provision of the organizational documents of the Company. Attach additional sheets if
needed.)
Signature Print Name Date
Limited Liability Company Authorization Certificate
The Limited Liability Company named above("Company") is organized under the laws of the State of . The management of
the Company is vested in the undersigned(circle one)Members,Managers.The undersigned are all of the Members/Managers that are necessary to
conduct business in the name of the Company and each represents and agrees that this Declaration complies with the articles of organization and any
and all operating agreements which are now in existence for the Company.
Signature Title Date
Municipality/Public Body/Political Action Committee Certificate
I certi hat the municipality/Public Body/Political Action Committee("Company")is duly organized and existing under the laws of the State of
`� and that the Declaration accurately reflects the resolution(s)adopted at a meeting of the Company's governing
body circle one Board of Directors, Board of Trustee,duly appointed Operating Committee,other )tau-%41 l l),z...-cm. .1 )at which a quorum
was present and voted; and that the persons designated above as authorized agents have been duly appointed and that the Declaration is still in full
force and effect.
X 4-_,Ltnc Date 5/2-?/
/ -7
Secretary/Ass' t nt Secretary(circle one)
Print Name (J t 11 1-1 mt3re5
If the Secretary/Assistant Secretary named above is also named as an Authorized Agent in paragraph 2 of the Declaration, then the
certification by an Officer or Director other than the Secretary/Assistant Secretary certifying the Declaration is also required.
I certify that this Declaration is accurate and currently effective:
X Date
Print Name Title
MuniDeptWireTransferServiceDeclaration7.t 8.2016 2
Declaration for Comerica Bank Municipalities Department Wire Transfer Service
Name Of Business Company
Town of Trophy Club
Principal Address
100 Municipal Drive Trophy Club, TX 76262
DECLARATION:
1. The above named Company is authorized by its governing documents to enter into a Comerica Bank Municipalities Department
Wire Transfer Service Agreement.
2. The following person(s)are each individually authorized to
a. enter into a Comerica Bank Municipalities Department Wire Transfer Service Agreement,
b. authorize wire transfer templates, and
c. designate the name of each person, including his/her own name, authorized to initiate payment orders,confirm payment
orders or both, including the ability of an initiator to confirm his/her own payment order request.
d. revoke the authority of any person named as authorized to initiated payment orders and/or confirm payment orders.
Print Name of Authorized Agent Signature
(1) Thomas Class
1 'w\
(2) Amber Karkauskas -
(3)
(4)
3. The Company's authorized representative of the Company will certify the name and signature of each Authorized Agent named
above. Changes to Authorized Agents will be certified and submitted by the Company's authorized representative.
4. Comerica Bank shall be fully protected, indemnified and held harmless from loss, expenses, claims and damages arising out of its
reliance on this Declaration until Comerica Bank has received written notice from an authorized representative of the Company that
this Declaration has been revoked in full or in part and has had a reasonable time to act on such notice (see paragraph 5 below).
5. This Declaration and the representations contained herein shall continue in force and effect until Comerica Bank receives a written
notice of change, amendment or revocation in regard to this Declaration from an authorized representative of the Company.
Comerica Bank shall have a reasonable time to act(not less than one full Business Day, but no more than two full Business Days)
on such written notice.All agreements or documents previously executed and acts previously done to carry out the purposes of this
Declaration are ratified, confirmed and approved as the acts of Company and are be binding upon the Company.
Comerica Bank Municipalities Department Use Only
Check One: ❑Initial Use of Dept.Wire Transfer Service. Date Received:
Check One: 0 Change to most current Declaration on file. Date Received:
Bank Employee Receiving Declaration:
*If an Authorized Agent from prior Declaration for this Service is not on this new Declaration and that Authorized Agent is also named an Authorized Initiator or Confirmer on
current Customer Acceptance Document,ask another Authorized Agent if that person should also be removed as an Authorized Initiator/Confirmer. If yes,request a new
Customer Acceptance Document or written notification to remove the person from those roles and note Customer Acceptance Document accordingly.
Updated Customer's Business Unit File:Date:
MuniDeptW ireTransferServiceDeclaration7.IS.20 t 6
Corporation/Association-Certificate Of Secretary
I certify that the Corporation/Association("Company")is duly organized and existing under the laws of the State of that the
Declaration accurately reflects the resolution(s)adopted at a meeting of the Company's Board of Directors, at which a quorum was present and voted;
and that the persons designated above as authorized agents have been duly appointed, and the Declaration is still in full force and effect.
X Date
Secretary/Assistant Secretary(circle one)
Print Name
If the Secretary/Assistant Secretary named above is also named as an Authorized Agent in paragraph 2 of the Declaration, then the
certification by an Officer or Director other than the Secretary/Assistant Secretary certifying the Declaration is also required.
I certify that this Declaration is accurate and currently effective:
X Date
Print Name Title
Partnership/Joint Venture Authorization Certificate
The Partnership/Joint Venture("Company")is organized and existing under the laws of the State of . The
undersigned are all of General Partners/Joint Venturers necessary to conduct business in the name of the Company.Each represents and
agrees that this Declaration does not contradict any provision of the organizational documents of the Company. Attach additional sheets if
needed.)
Signature Print Name Date
Limited Liability Company Authorization Certificate
The Limited Liability Company named above("Company")is organized under the laws of the State of . The management of
the Company is vested in the undersigned(circle one)Members,Managers.The undersigned are all of the Members/Managers that are necessary to
conduct business in the name of the Company and each represents and agrees that this Declaration complies with the articles of organization and any
and all operating agreements which are now in existence for the Company.
Signature Title Date
Municipality/Public Body/Political Action Committee Certificate
I certify that the municipality/Public Body/Political Action Committee("Company")is duly organized and existing under the laws of the State of
and that the Declaration accurately reflects the resolution(s)adopted at a meeting of the Company's governing
body circle one Board of Directors, Board of Trustee,duly appointed Operating Committee,other 1 )at which a quorum
was present and voted;and that the persons designated above as authorized agents have been duly appointed and that the Declaration is still in full
force and effec.
X c\0Date �/2-Z �-7
Secretary/Assistan Secretary(circle one)
Print Name HO 11Y1
If the Secretary/Assistant Secretary named above is also named as an Authorized Agent in paragraph 2 of the Declaration,then the
certification by an Officer or Director other than the Secretary/Assistant Secretary certifying the Declaration is also required.
I certify that this Declaration is accurate and currently effective:
X Date
Print Name Title
MuniDept W ireTransferServiceDeclaration7.18.2016 2
tp'm`'n ` 'k A. BUSINESS DEPOSIT ACCOUNT SIGNATURE DOCUMENT- Michigan
Account(s)Registration: For Account Number(s): Type(s):
Account(s)Address: Bank Use Only: Opened by: Approved by!Date
Opening Date Effective Date Office No.
ACCOUNT OWNER(BUSINESS ENTITY)INFORMATION
Taxpayer/Employer Identification Number(TIN/EIN)
75-2047474
The capitalized terms and the words"you"and"your"used on this Business Account Signature Document have the same meaning given to them in the
Comerica Business and Personal Deposit Account Contract("Contract").
ACCOUNT TERMS AND CONDITIONS: ACCOUNT TERMS,INCLUDING ALL SERVICES AND PRODUCTS SELECTED,AND CONDITIONS
By signing this Business Account Signature Document in the AUTHORIZED SIGNATURE(S)box below,you agree:
The Contract terms will apply to the Account(s)and related services and products designated on this Business Account Signature Document;(which
includes a Fee Brochure,Card-IVR Application Receipt,and,an APY disclosure,if applicable)which you have received;
1. There are no unwritten agreements about overdraft protection or any other matter related to the Account(s);
2. The signature and/or name of each Authorized Signer has been placed on this Business Deposit Account Signature Document or an approved attachment
to this Business Deposit Account Signature Document and you will provide the Bank with timely information of any changes to Authorized Signers;
3. Any dispute regarding the Account(s)that cannot be resolved without formal litigation will be resolved in the manner described in the Contract;
4. THAT YOU HAVE THOROUGHLY REVIEWED THIS BUSINESS ACCOUNT SIGNATURE DOCUMENT TO ENSURE ALL PRODUCTS AND
SERVICES YOU HAVE CHOSEN ARE INCLUDED AND THAT NO OTHER PRODUCT OR SERVICE WILL BE PROVIDED except to the extent
You and the Bank execute other written agreements for other products and/or services;and
5. That you have reviewed and consent to the provisions of the Electronic Banking Product,Business Check Card/ATM/IVR Application,and Web
Banking°, Web Bill Pay®,Quicken°,Quicken°with Bill Pay,QuickBooks®or QuickBooks®with Bill Pay receipt(s)if applicable.
THE NAMES OF THE AUTHORIZED SIGNERS AND/OR AUTHORIZED SIGNATURES OF PEOPLE THAT MAY CONDUCT ACCOUNT TRANSACTIONS
(TREASURY MANAGEMENT SERVICES AND TRANSACTIONS ARE COVERED BY SEPARATE WRITTEN AGREEMENT BETWEEN YOU AND THE BANK.)
AUTHORIZED SIGNATURES
Signature Name Date Title Identification No/Type(as Bank requires)
/V.A Thomas Class 3/22/17 Town Manager
z, Amber Karkauskas 3/22/17 Interim Finance Director
n Attachments. Attach additional names and signatures,including Simulated Signatures.
ACCEPTANCE OF ABOVE DESCRIBED PRODUCTS/SERVICES AND TERMS AND CONTRACT TERMS
The undersigned is/are authorized by the Account Owner to enter into this Contract on behalf of the Account Owner:
Second Authorized Agent,if required by Customer
Signature Signature
Name Name
Title Title
Date Date
Certification of signatures and/or names of Authorized Signers and authorized agents:
The signatures and/or names of the persons Identified above as Authorized Signers and authorized agents are those of the persons identified. Such
persons are authorized by the Account Owner to act In the capacity as Indicated in the following:(i)the Contract;(ii)this Business Deposit Account
Signature Document;and(iii)the Declaration for Deposit Accounts and Treasury Management Services or other resolution,declaration or
authorization acceptable to Comerica Bank.
Signature Date Title(Corp Secretary,Partner, LLC Manager/Member or Sole Proprietor)
REQUEST FOR TAXPAYER IDENTIFICATION NUMBER AND CERTIFICATION(SUBSTITUTE FORM W-9) The IRS does not require your consent to any
provisions of this document other than the certifications required to avoid backup withholding.
I have read the detailed instructions concerning backup withholding and taxpayer Identification numbers and I CERTIFY UNDER PENALTIES OF PERJURY
THAT(1)the number shown on this Business Signature Document is my correct taxpayer identification number and(2)I am not subject to backup
withholding because(a)I am exempt from backup withholding,or(b)I have not been notified by the IRS that I am subject to backup withholding as a result of a
failure to report all interest or dividends,or(c)the IRS notified me that I am no longer subject to backup withholding and(3)I am a U.S.citizen or other U.S.
person(including a U.S.resident alien)and(4)I am exempt from FATCA reporting(Foreign Account Tax Compliance Act). (Instructions to signer: You must
cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you failed to report all Interest and
dividends on your tax return.)
Note: Exempt recipients,as described in Section 1.6049(c)of the Federal Tax Regulations,are not subject to backup withholding. Non U.S.persons
(nonresident aliens)who are not subject to backup withholding are required to sign the appropriate form W-8 or Substitute W-8BEN Bank form.
Authorized Agent Signature Date
Rev.07.23.2014
If you wish to add or delete Eligible Accounts, you must submit your request on business letterhead and
the request must be signed by the same Authorized Agent as the original request. Further, the request to
add or delete Eligible Accounts must include the account number, Federal Tax ID number, and whether
the account(s) to be added or deleted should be added or deleted from the list of"To" accounts, "From"
accounts or"Both". When we receive your request, we must be able to confirm our receipt with the
Authorized Agent, prior to the account(s) add or delete request(s) being used to conduct a Municipalities
Department Internal Funds Transfer request. We will request a new replacement Eligible Accounts form
when the Authorized Agent has changed from the person signing below.
Customer Name Town of Trophy Club
Federal Tax ID Number 75-2047474
Signature of Authorized Agent _.‘,.___A,
Title 'nff✓ir,7 hnta'tCc bC,CC.6Y
Date 3/22/17
COMERICA BANK MUNICIPALITIES DEPARTMENT USE ONLY
Received By Bank on:
Signature of Bank Employee
who validated the common
ownership/related status of
the Eligible Accounts:
Name:
Title:
Date:
MuniDeptEligibleAcctsforlFTService7.18.2016
[omenc Bank
CUSTOMER ACCEPTANCE:
(1)COMERICA BANK MUNICIPALITIES DEPARTMENT INTERNAL FUNDS TRANSFER SERVICE AGREEMENT AND
(2)SECURITY PROCEDURE TO AUTHENTICATE INTERNAL FUNDS TRANSFERS
Comerica Bank(Bank, us,we, our offers you,the COMERICA BANK MUNICIPALITIES DEPARTMENT INTERNAL FUNDS TRANSFER
SERVICE("Department IFT Service")to request transfers to and from your checking, savings and or your J fund accounts held at Comerica
Bank("Internal Funds Transfers").
This Customer Acceptance contains the terms governing the Department IFT Service and each Internal Funds Transfer requested and
executed through the use of the Department IFT Service. By signing below you agree that use of the Department IFT Service is subject to the
following terms:
1. Definitions.
Authorized Agent-if you are a business entity,the person(s)named in your Declaration or Resolution as having the authority to execute
contracts in general or contracts specific to Internal Funds Transfers and to designate those that can initiate transfers.
Authorized Initiator-the person(s)that is designated to us as having the authority to initiate an Internal Funds Transfer using the
Department IFT Service.
Deposit Contract-the Comerica Business and Personal Deposit Contract or such other agreement between you and us that governs
your Eligible Accounts.
Eligible Accounts -Your accounts that you designate for use with this Department IFT Service.
2. Department IFT Service Agreement. In addition to the terms contained in this Customer Acceptance,each Internal Funds Transfer is
also subject to the terms contained in the Deposit Contract or other such agreement between you and us that governs the Eligible
Accounts. If any term in this Customer Acceptance conflicts with the terms of the Deposit Contract or such other applicable agreements
governing the Eligible Accounts,the terms of this Customer Acceptance shall prevail but only to the extent of the conflict.You understand
that we are not obligated to execute an Internal Funds Transfer if you do not have sufficient available balances in the Eligible Account
that is to be debited for the transfer.
This Internal Funds Transfer Service allows any Authorized Initiator to request a transfer from any Eligible Account,even if the
Authorized Initiator is not an Authorized Signer(as defined in the Deposit Contract,or is not designated in applicable agreements
covering Eligible Accounts to transfer,withdrawal or otherwise conduct transactions involving the Eligible Account)on that Eligible
Account.
3. Security Procedures. The following Security Procedures are intended to verify the authenticity of Internal Funds Transfer
request, not the accuracy of transfer information contained in the Internal Funds Transfer request.
A. Security Procedure for Internal Funds Transfer Requests:
(1) By signing an Internal Funds Transfer Request Form and faxing it to: _
313.222.3900
(2) We will authenticate the identity of the person placing an Internal Funds Transfer Request based solely upon the information
you provide in 3.B. below and using the telephone number provided for the person named below. You agree that if the person at
that telephone number identifies himself/herself as the name of an Authorized Initiator and provides the last 4 digits of driver's
license number or mother's maiden name as we request,the Internal Funds Transfer request is deemed authenticated and
authorized by you.
EACH INTERNAL FUNDS TRANSFER REQUEST THAT IS AUTHENTICATED IN ACCORDANCE WITH THIS SECURITY
PROCEDURE IS DEEMED YOUR AUTHORIZED INTERNAL FUNDS TRANSFER REQUEST.
B. Designation of Authorized Initiators.You designate the following persons as Authorized Initiators:
(1) Print Name Thomas Class
Business Telephone Number 682-831-4607
Last four digits of Driver's License# 4232
Mother's Maiden Name King
Signature
Muni DeptlntemalFundsTransferCustomerAcceptance7.18.2016
(2) Print Name Amber Karkauskas
Business Telephone Number 682-831-4616
Last four digits of Driver's License# 0755
Mother's Maiden Name Finley
Signature
(3) Print Name
Business Telephone Number
Last four digits of Driver's License#
Mother's Maiden Name
Signature
(4) Print Name
Business Telephone Number
Last four digits of Driver's License#
Mother's Maiden Name
Signature
(5) Print Name
Business Telephone Number
Last four digits of Driver's License#
Mother's Maiden Name
Signature
We may from time to time require an Authorized Agent to affirm the name and/or identifying information of Authorized Initiators.
Until an Authorized Agent notifies us of changes to this information we may rely on it.
4 Business Day Department Hours for Receiving Internal Funds Transfer Requests. Internal Funds Transfer Requests will be
accepted on Business Days(Monday through Friday,excluding federal holidays)between the hours of:
8:30 AM ET—4:30 PM ET
Internal Funds Transfer requests that are received at other times will be considered received on the following Business Day. If we offer
you the fax option, it is your responsibility to confirm our receipt of your fax by calling the Department. If we offer you the telephone
option,you agree not to leave the request on a voice mail message.
5. Notification of Unexecuted Internal Funds Transfer Requests. If we determine after we have received your Internal Funds Transfer
request that we will not execute it,we will telephone any one of your Authorized Initiators.You agree that we are not obligated to call
more than one Authorized Initiator and that we may leave a message for an Authorized Initiator.You waive the right to receive any other
notification that the Internal Funds Transfer will not be executed.
6. Changes Regarding Authorized Agents and Authorized Initiators. It is your responsibility to notify us of any changes to your
Authorized Agents and Authorized Initiators including the addition,or removal of one or more of them or changes to their identifying
information. A new Customer Acceptance document must be executed in all instances. If you are revoking the authority of an
Authorized Agent or Authorized Initiator,we will accept that change by telephone from any other currently identified Authorized Agent,
followed by written notification. You will be required to execute a new Customer Acceptance document within 2 Business Days. We
require 2 full Business Days notice for any changes to become effective, however,we agree that a notice of revocation of authority shall
become effective no later than one full Business Day after received.
7. Fees.You will be charged the transfer fee applicable to the Eligible Account from which you are requesting the transfer. Fees may also
apply to the account receiving the transfer of funds(See the Deposit Contract or other agreement(s)applicable to the Eligible Accounts
for fees).
MuniDeptlnternalFundsTransferCustomerAcceptance7.18.2016 2
8. Notices. Unless otherwise stated in this Customer Acceptance all notices must be in writing and delivered as follows:
a. Notice to us: Fax written notice to:
313.222.3900
Mail and courier delivery written notice to:
Mail: Comerica Bank
Mail Code 3354
Municipalities Group
P.O.Box 75000
Detroit,MI 48275
Courier: Comerica Bank
Mail Code 3354
Municipalities Group
411 West Lafayette
Detroit,MI 48226
Telephone notice to terminate service or remove Authorized Initiator or Authorized Agent:
This notice must be immediately followed by a written notice.
800.537.5337
b. Notice to you: Mail to the address on file for any of the Eligible Accounts or fax to:
(817) 490-0705
9. Acceptance. You agree to the terms contained in this Customer Acceptance including the Security Procedures. You agree that the
Security Procedures are acceptable for the type of Internal Funds Transfers you intend to make through the use of the Department IFT
Service. You understand that the Security Procedure is intended to determine only the authenticity of an IFT request and is NOT
intended to detect errors in the content or the information contained an the request.
Company Name Town of Trophy Club
Name AND Signature of Authorized Print Name: Amb, t{avkaus k u s
Agent
Signature*
Title
Date
ACCEPTANCE AND AGREED COMERICA BANK
Name(Print)
Signature&Title(Vice President or
higher)
Date
Comerica Bank Municipalities Department Use Only
Date Signed Copy Mailed to Customer: Rep. Initials: Customer May Begin Use of this Service on:
/ /20
MuniDeptlnternalFundsTransferCustomerAcceptance7.18.2016 3
[onienct Bank
COMERICA BANK MUNICIPALITIES DEPARTMENT CUSTOMER ACCEPTANCE:
(1) The Comerica Bank Municipalities Department Wire Transfer Service Domestic & International Terms publication
date 1/11/2011("Terms") is incorporated herein by this reference and by signing below you acknowledge receipt.
(2) This Customer Acceptance includes the SECURITY PROCEDURE TO BE USED TO AUTHENTICATE WIRE
TRANSFERS UNDER THE COMERICA BANK MUNICIPALITIES DEPARTMENT WIRE TRANSFER SERVICE ONLY.
Comerica Bank offers to you the COMERICA BANK MUNICIPALITIES DEPARTMENT WIRE TRANSFER SERVICE("Department Wire
Transfer Service"or"Service")to request Wire Transfers from your J fund accounts and bank accounts held at or by Comerica Bank. By
signing below you agree that use of the Department Wire Transfer Service is provided to you subject to the following terms in addition to those
contained in the Comerica Bank Municipalities Department Wire Transfer Service Domestic&International Terms publication date 1/11/2011.
1. Definitions. Capitalized terms in this Customer Acceptance have the meaning given to them in the Comerica Bank Municipalities
Department Wire Transfer Service Domestic&International Wire Transfer Terms publication date 1/11/2011. In addition the following
words/phrases used in this document shall have the meanings as set forth below:
Authorized Agent-the person(s)named in your Declaration or Resolution if you are a business entity or in your power of attorney if an
individual and you provided to us and we accepted your Power of Attorney, as having the authority to execute contracts in general or
contracts specific to wire transfer services and to designate and revoke Authorized Initiators and Authorized Confirmers on your behalf.
Authorized Initiator-the person(s)you, if you or, if applicable,your Authorized Agent designates to us as having the authority to initiate
Payment Orders using the Department Wire Transfer Service.
Authorized Confirmer-the person(s)you or, if applicable,your Authorized Agent designates as having the authority to confirm the
authenticity of the Payment Orders we receive in your name.
Repetitive Payment Order Template-a form acceptable to us that is used by your Authorized Initiators for repetitive Payment Orders.
2. Security Procedures: The following Security Procedures are intended to verify the authenticity of Payment Order requests
received by us through the use of the Department Wire Transfer Service only and such Security Procedures are not intended to
verify the accuracy of payment information contained in received Payment Order requests.
A. Security Procedures for Repetitive Payment Order Templates, Repetitive Payment Orders&Draw Down Authorization
Requests and Draw Down Requests:
(1) Repetitive Payment Orders&Templates.
(a)An Authorized Agent must complete and sign a Repetitive Payment Order Template Request Form.
(b)The form must be faxed to:
313.222.3900
(c)The form can be mailed or delivered in person by an Authorized Agent to the address set forth in 8.a below.
(2) Draw Down Authorization Request and Draw Down Payment Requests s are not offered within this Department Wire Transfer
Service.
(3) Confirmation of Repetitive Payment Order Templates.
To confirm the authenticity of a Repetitive Wire Templates,we will telephone an Authorized Agent at a telephone number we
have on file for your Company. If an Authorized Agent confirms the authenticity of the Repetitive Payment Order Template,we
will assign and provide an Authorized Agent with the Repetitive ID Number.This process may take up to three Business Days
following our receipt of the confirmed Template form. It is the responsibility of the Authorized Agent to provide the Repetitive
ID number to the Authorized Initiator(s)for their use.
If we cannot confirm the authenticity of a Repetitive Payment Order Template, it will not be established for use.
It is the responsibility of the Authorized Agent(s)to monitor the status of Repetitive Payment Order Template requests and to
make other payment arrangements until they are established for their use.
(4) Repetitive Payment Orders under a Repetitive Payment Order Template.
Authorized Initiator must complete and sign a Municipalities Department Wire Transfer Repetitive Payment Order Request.The
form must be faxed to the fax number provided in paragraph 2.A(1)(b)above.
Before the end of our Business Day,we will attempt to authenticate each Municipalities Department Repetitive Payment Order
Request we receive.A Repetitive Payment Order Request is deemed authenticated if it appears to be signed by an Authorized
Initiator and contains a valid Repetitive ID Number,and we obtain a verbal confirmation of authenticity from an Authorized
Confirmer.
(5) Failure to Authenticate Repetitive Payment Order Requests. If we are not able to determine the authenticity of a
Municipalities Department Repetitive Payment Order Request, it will be deemed unauthorized.The Authorized Initiator is
responsible for monitoring the status of each Repetitive Payment Order.
EACH REPETITIVE PAYMENT ORDER REQUEST RECEIVED THROUGH THIS SERVICE AND IS AUTHENTICATED IN
ACCORDANCE WITH THIS SECURITY PROCEDURE IS DEEMED YOUR AUTHORIZED PAYMENT ORDER.
MuniDeptWireTransferServiceCustomerAcceptance7.182016 1
B. Security Procedure for Non-Repetitive Payment Orders:
(1) Non-Repetitive Payment Order Requests may be made by an Authorized Initiator by telephoning(Mark N/A if not available):
N/A
or by signing a Wire Transfer-Payment Order Request(Non-Repetitive)form and faxing it to(Mark N/A if not available):
313.222.3900
(2) Before the end of our Business Day,we will attempt to authenticate each Non-Repetitive Payment Order Request we receive.
A Non-Repetitive Payment Order will be deemed authenticated if it appears to be signed by an Authorized Initiator or if we
received the request by telephone and the caller provided us with the identifying information of an Authorized Initiator and we
obtained a verbal confirmation of authenticity from an Authorized Confirmer. If we are not able to determine the authenticity of
a Non-Repetitive Payment Order it will be deemed unauthorized.
(3) We are not obligated to call more than one Authorized Confirmer in an attempt to authenticate a Payment Order Request.
EACH NON-REPETITIVE PAYMENT ORDER REQUEST THAT IS RECEIVED THROUGH THIS SERVICE AND IS
AUTHENTICATED IN ACCORDANCE WITH THIS SECURITY PROCEDURE IS DEEMED YOUR AUTHORIZED PAYMENT
ORDER.
C. Designation of Authorized Initiators&Authorized Confirmers.
You designate the following persons as Authorized Initiators(Al)and Authorized Confirmers(AC)for this Service. Place an"X"in
each applicable role box.Place an "X" in the"NO"box if the person is not authorized to confirm a Non-Repetitive Payment
Order that he/she initiated.
Print Name Thomas Class Al
Business Telephone Number 682-831-4607 AC
Last four digits of Driver's License# 4232 NO ❑
Mother's Maiden Name King
Signat r
El
Print Name Amber Karkauskas Al
Business Telephone Number 682-831-4616 AC
Last four digits of Driver's License# 0755 NO ❑
Mother's Maiden Name Finley
Signature
/ 0 '
Print Name April Duvall Al El
Business Telephone Number 682-831-4617 AC ❑
Last four digits of Driver's License# 6709 NO
Mother's Maiden Name Abbott
Signature
va
Print Name ci
Zagurski UwV(� Al El
Business Telephone Number 682-831-4609 AC ❑
Last four digits of Driver's License# 6739 NO
Mother's Maiden Name Perkins
Signature
Print Name Al El
Business Telephone Number AC ❑
Last four digits of Driver's License# NO ❑
Mother's Maiden Name
Signature
We may from time to time require an Authorized Agent to affirm the name, identifying information and roles of your Authorized
Initiators and Authorized Confirmers. Until an Authorized Agent notifies us of changes to this information we may rely on it.
3. Election of this Service. In regard to your bank accounts held at Comerica Bank,we have offered you other remote Wire Transfer
services that utilize security methods different from this Service for the purpose of authenticating Wire Transfers, including the use of one
or more of the following: User IDs,Company IDs, User passwords,security tokens for initiators and confirmers that change identifiers on
a regular basis. You have declined such other Wire Transfer services or have elected to use such services in addition to this
Municipalities Department Wire Transfer Service,with your understanding that the security procedures used by the other wire services to
determine the authenticity of Wire Transfers differ from this Service.
4. Business Day Hours for Receiving Payment Orders. Payment Orders and/or Repetitive Payment Order Template requests will be
accepted on Business Days between the hours(local time)of:
8:30 AM ET and 4:30 PM ET
MuniDeptWireTransferServiceCustomerAcceptance7.1 8.2016 2
Payment Order and/or Repetitive Template Requests received at other times will be considered received on the following Business Day.
You may confirm our receipt of your fax by calling the Department.
5. Notification of Unexecuted Payment Orders. If we will not execute a Payment Order we will telephone an Authorized Initiator and you
authorize us to leave a message.We are not obligated to call more than one Authorized Initiator. You waive the right to receive any
other notification that the Payment Order will not be executed.
6. Changes Regarding Authorized Agents,Authorized Initiators and Authorized Confirmers. It is your responsibility to notify us in
writing of any change(addition, removal,and change in information)regarding any of your Authorized Agents,Authorized Initiators, and
Confirmers. We require 2 Business Days notice for any such change to be effective and enforceable against us. If you are revoking the
authority of an Authorized Agent you must provide us with appropriate documentation e.g.a Resolution or Declaration or revocation of
your Power of Attorney, if you are removing an Initiator or Confirmer,we suggest you or if applicable your Authorized Agent telephone us
and fax to us a change notice. We will use our best efforts to effectuate your change but will not be liable if we are unable to do so in
less than 2 Business Days. Depending on the most current Declaration or Resolution you have on file with us, you may be required to
provide new documentation to support your changes.
7. Cancellation of Repetitive Payment Order Templates. To cancel a previously authenticated and established Repetitive Payment
Order Template,your Authorized Agent must provide us with written notice clearly indicating the intent to cancel any further Payment
Orders under your established Repetitive Payment Order Template. The written notice must describe with specificity the Template, as
applicable, so as to allow us to identify the specific Repetitive Payment Orders that you no longer authorize. Such information shall
include the beneficiary name, beneficiary bank,dollar amount or dollar limit, Repetitive ID Number(if applicable),and the Designated
Account. You understand that it may take us up to two full Business Days to prevent further Payment Orders under an established
Template. In no case will we be liable to you for our failure to stop Payment Orders in process or that were requested prior to us having
two full Business Days to act on your cancellation notice.
8. Notices.And Wire Transfer Requests Notices and Wire Transfer requests under this Service must be delivered as follows:
a.Notice to us: Fax written notice to:
313.222.3900
Mail and courier delivery written notice to:
Mail: Courier:
Comerica Bank Comerica Bank
Mail Code 3354 Mail Code:3354
Municipalities Group Municipalities Group
P.O.Box 75000 411 West Lafayette Blvd.
Detroit,MI 48275 Detroit,MI 48226
Telephone notice if required or allowed to:
Notices only: 800.537.5337
/Wire Transfer Requests must be in writing and faxed or mailed.
b.Notice to you: Notices must be mailed to the address on file for any of your accounts at Comerica Bank. Notice that requires
immediate action by your Authorized Agent may be faxed to:
(817) 490-0705
9. Customer Acceptance. You agree to the terms of the Municipalities Department Wire Transfer Service Agreement and you agree that
the Security Procedures described above for this Service are acceptable for the Payment Orders that are received by us through the use
of this Service. You understand that the Security Procedure is intended to determine the authenticity of any Payment Order and/or
Repetitive Payment Order Template, received by us in the manner described for this Service, but the Security Procedure is not intended
to detect errors in the content or the information contained a Payment Order Request or Repetitive Payment Order Template or the
appropriateness of the Wire Transfer itself. If you believe that the Security Procedure is not reasonable for determining the authenticity of
your Wire Transfers,you will notify us to terminate the Service. Until we receive termination of Service notice Wire Transfer Requests we
receive that comply with the provisions of the Municipalities Department Wire Transfer Service Agreement are deemed to be your Wire
Transfers and for which you are liable to us.
Customer Name Town of Trophy Club
Signature of Authorized Agent C_ ! a/v/
Title ln �m Finan C Q
� ir alV
Date
Municipalities Department Use Only
Employee Receiving Document: Date/Time: Date Fully Signed Copy Mailed to Customer:
MuniDept W ireTransferServiceCustomerAcceptance7.l 8.2016 3