Supervisor ARGOTSINGER offered the following Resolution and moved its adoption:

RESOLUTION DESIGNATING BANKS (2020)

RESOLVED, That pursuant to Section 212 of County Law, the Board of Supervisors of Fulton County does hereby designate the following banks as depositories of County funds, the maximum amount to be deposited in the following banks not to exceed the sum set opposite their respective names, for the year 2020:

                    Key Bank, Johnstown        $ 50,000,000.00
      NBT, Johnstown – LPL Financial        50,000,000.00
                                    Citizens Bank        50,000.000.00

and, be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer and Administrative Officer/Clerk of the Board.

Seconded by Supervisor PERRY and adopted by the following vote:
Total: Ayes: 19 Nays: 0 Absent: 1 (Supervisor Howard)

 

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