Broken Arrow City Council
Meeting of: 09/02/2025
Title:
title
Approval of and authorization to execute Resolution No. 1696, a Resolution establishing the City of Broken Arrow Payroll Account, a backup payroll account at Bank of Oklahoma, designating authorized signatories for the account and establishing an effective date
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Background:
The City is opening a payroll account at the Bank of Oklahoma to be our backup should AVB is unable to process our payroll file. We feel that it in the best interest of the city to have a secondary bank that is able to process our payroll should the occasion arrives. In order to open additional accounts, Bank of Oklahoma is requiring a resolution to authorize the following signatures:
Cynthia S. Arnold-City of Broken Arrow
Tom C Cook, Jr – City of Broken Arrow
Jay Heinrichs – City of Broken Arrow
Cost: $0
Funding Source: N/A
Requested By: Cynthia S. Arnold, Finance Director
Approved By: City Manager’s Office
Attachments: Resolution No. 1696
Recommendation:
recommend
Approve and authorize execution of Resolution No 1696.
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