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HomeMy WebLinkAbout891212.tiff RESOLUTION RE: APPROVE BUSINESS CREDIT CARD APPLICATION FOR SHERIFF'S OFFICE AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS , the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Business Credit Card Application for the Sheriff' s Office, and WHEREAS, the terms and conditions of said Application are as stated in the copy being attached hereto and incorporated herein by reference, and WHEREAS, after study and review, the Board deems it advisable to approve said Application. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Business Credit Card Application for the Sheriff' s Office be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is , authorized to sign said Application. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 20th day of November, A.D. , 1989 . BOARD OF COUNTY COMMISSIONERS �.�, � WELD COUNTY, COLORADO ATTEST: F2cs e �J Weld County Clerk and Recorder and Clerk to the Board C.W. Kirby, 2h airman EXCUSED DATE OF SIGNING - AYE itt .1 O ) L Ge a R. Brantner, Pro-Tern Deputy County erk � ed APPROVED AS TO FORM: onst ?� ance L. Harber eorge en dy County Attorney G . I c 00cG(a cC.'' So - ; ) ' 891212 ` Business Iredit CardpIication Rocky Mountain BankCard System -i ioomat,of Pocky Mountain SankCarc Sys ceo.Inc. aedeme.y aF,:.n sye:em..._ Type of Business: Sole Proprietorship Corporation Partnership XX Governmental or Non-Profit Organization Business Name Weld County Sheriff Street Address 915 lOST Telephone (303) 356-4000 City Greeley State CO Zip 80632 Mailing Address (if different than above) P.O. Box 758 How Long in Business 100 + years Type of Products or Services Goverment Names and Residence Addresses of Owner(s) or Officer(s): C.W. (Bill)Kirby Box 220, Windsor, CO 80550 cjiairman, Board of C'nty._mffin. Name Residence Address,City.State.Zip Title George Kennedy 19413 197 Way, Hudson, CO 80642 Board of enty. Comm. Name Residence Address,City.State,Zip Title Gordon Lacy 16487 Hiway 14, Ault, CO 80610 Name Residence Address,City.State.Zip Title Gene Brantner 3409 34 St, Greeley, CO 80634 Name ResidenceAddress,City.State,Zip Title Bank Name United Bank of Greeley Bank Officer Mary Davidson Phone No. 156-1000 Bank Account No. 100544 Date Opened _ '75 Average Bal. 91, OOO,nnr1 Trade References fbcky Mtn Bank Crd A/04719120824492996 P n F=ox 595 TA V mror cn RQ217 6 75$7 Name Address.City,State,Zip Telephone Name Address.City,State,Zip Telephone Please Type Names of Individuals Using Account Authorized Signatures (Use separate sheet to list names if more accounts required) SF,F' ATTACHED LIST Total Credit Limit Requested $ 2,000.00 Number of Sub-Accounts Needed 2 (Reference Item 1 and 4 on reverse side] Name of Individual Within Your Firm Who Will Be Responsible for Managing This Account Claud Hanes Title rmgr,- h1art- The undersigned hereby certifies that all of the information provided above and in all financial statements and attachments herewith or hereafter provided is true and correct as of the date such information is provided and that the account hereby requested shall be used solely for business or commercial purposes. The undersigned agrees to the terms and conditions set forth on the reverse side hereof. A current Statement of Financial Condition, that includes a Balance Sheet and Income Statement, must be enclosed with this application. Date �/� /�f By ' /7y4 PLEASE INSURE THAT ALL AREAS OF THIS'APPLICATION A COMPLETED Rocky Mountain BankCard System, P.O. Box 5952, Denver, CO 80217 [303) 629-7755 V76-029-Roee7 831212 BILLING OF Ro / Mountain BankCard System BUS .SS ACCOUNTS 1. At the time your Rocky Mountain BankCard System business account is approved, a "Sub-Account"is established for each individual card user; in addition, a "Master Billing Account" is established for your company. On the 28th of each month when business accounts are billed, a"Master Billing Account"statement will be sent reflecting the total amount charged by all "Sub-Account"users. Payment to Rocky Mountain BankCard System should be made from this"Master Billing Account" statement. In addition, an itemized list of purchases on each "Sub-Account" will be mailed to your company. Purchases and authorizations for "Sub-Accounts" are transferred to the "Master Billing Account" on the date of posting to the"Sub-Account."Your assigned"Master Billing Account"credit limit is the maximum dollar amount that can be outstanding and/or authorized on the "Master Billing Account" at anytime. In the event a "Sub-Account" card user shall leave the:employment of a company, the company shall remain liable for any charges made on that account until such time as the card is surrendered to Rocky Mountain BankCard System and the balance on the account is liquidated. If additional authorized card users are requested on a business account, a written request including the signature of additional users must be submitted to Rocky Mountain BankCard System before approval is granted for cards issued. APPLICATION AGREEMENT 2. Your credit card is issued by the Colorado National Bank of Denver, doing business as Rocky Mountain BankCard System. Use of this card by, or with the consent of the Holder, constitutes agreement as follows: Holder agrees (1) to assume responsibility to The Colorado National Bank of Denver (Bank) or its assignee for credit extended on the basis of this card; (2) to pay at the banking house of The Colorado National Bank of Denver (Bank), or at such other place as Bank designates, obligations evidencing such credit, and FINANCE CHARGES where applicable, in accordance with billings and the current Customer Payment Schedule as changed from time to time, including a reasonable attorney's fee and cost of suit in the event of default; (3) to notify Bank promptly in writing of loss of this card; (4) that this card may be cancelled by Bank at any time; (5) to surrender this card upon demand; (6) except as otherwise provided by law, any claim of Bank against Holder shall at Bank's option become immediately due and payable if Holder fails to perform any terms hereof or to make any payments as otherwise agreed, or if in the judgment of Bank the credit standing of Holder becomes impaired;(7)the terms and provisions of this agreement as well as the rights and obligations of the parties hereunder, shall be governed by Colorado law, except to the extent that federal law applies:(8)that Bank may change any of the terms and provisions here of, including the Customer Payment Schedule by giving the Holder such notice of the change as may be required by law. CURRENT CUSTOMER PAYMENT SCHEDULE FOR CHARGE CARD ACCOUNT 3. (a)Purchases of Merchandise and Services.The FINANCE CHARGE is computed by applying the periodic rate of 1.554% per month (ANNUAL PERCENTAGE RATE of 18.6) to the Average Daily Balance of the Account. (b) Cash Advances. The FINANCE CHARGE is computed by applying the periodic rate of 1.554o per month (ANNUAL PERCENTAGE RATE of 18.6) to the Average Daily Balance of such advances from the date processed. (c)The Average Daily Balance subject to FINANCE CHARGE is determined by dividing the number of days in the billing period into the sum of the daily balances at the end of each day in the period(excluding FINANCE CHARGE, but including current cash advances and purchases). However, if full payment of your Total New Balance from the previous month has been received by the payment due date shown on your previous statement, there is no FINANCE CHARGE except on current cash advances. Payment Due Date is 25 days after the statement date. Minimum Payment Schedule—A minimum payment equal to the greater of $10 or 54% of Holder's Total New Balance must be paid by Payment Due Date. A balance under$10 must be paid in full. Amounts over the designated credit limit are due immediately. Payments will be applied in the following order: (a) FINANCE CHARGES, (b) Cash Advances and (c) Purchases. ANNUAL ROCKY MOUNTAIN BANKCARD SYSTEM ACCOUNT CHARGES 4. Every Rocky Mountain BankCard System Business Account will be assessed a yearly charge of$30 for each individual "Sub-Account" card that is issued. The fee for each card will be automatically charged to the "Master Billing Account" at the time the account is approved and annually thereafter during the month of August. This charge will be prorated at $2.50 per month when the account is opened prior to the annual billing date. The fee cannot be refunded, nor is it transferable. This supersedes all other disclosures. 691.212 .Pocky Mountain BankCard Syste.,e SECRETARY'S CERTIFICATE: CORPORATE AUTHORIZATION TO OBTAIN CREDIT CARD ACCOMMODATIONS I, , Secretary of (the "Corporation'), incorporated under the laws of the State of , do hereby certify that the following resolutions were duly adopted at a duly convened meeting of the Board of the Corporation held on the day of , 19 , at which a quorum was present at all times, and that such resolutions are still in full force and effect and have not been amended or revoked: WHEREAS, the Corporation desires to obtain financing from THE COLORADO NATIONAL BANK OF DENVER, doing business as Rocky Mountain BankCard System (referred to herein as RMBCS), by use of the credit card by officers and agents of the Corporation; and WHEREAS, RMBCS will not issue such credit cards unless the Corporation agrees to be responsible for the payment of all debts incurred through the use of such credit cards; NOW, THEREFORE, BE IT RESOLVED, that , as President, , as Vice President, or , as Secretary of the Corporation, be, and each of them is, authorized, on behalf of the Corporation, to execute any and all applications and agreements as may be required by RMBCS as a condition of the issuance of one or more credit cards in the name of the Corporation; and FURTHER RESOLVED, that, if RMBCS agrees to issue such credit cards to the Corporation, the Corporation shall be obligated to pay any and all indebtedness incurred by use of such credit cards by any persons, and FURTHER RESOLVED, that these resolutions shall remain in full force and effect until written notice of their revocation is delivered by the Corporation to RMBCS. I further certify that the specimen signatures appearing below are the true signatures of the officers authorized by the above resolutions to sign the abovementioned applications and agreements on behalf of the Corporation. , President , Vice President , Secretary IN WITNESS, WHEREOF, I have executed this Certificate as Secretary of the Corporation and affixed hereto the seal of the Corporation, this day of , 19 , Secretary Please complete reverse side. 891212 V76-029-R06e7 3NTINUING PERSONAL GUARANTE ^ ' For valuable consideration received by the undersigned, and to induce the Colorado National Bank of Denver, doing business as Rocky Mountain BankCard System• (referred to herein as RMBCS) to issue credit card(s) to Wel d County Sheriff ('Cardholder'), but in the name of officers or agents of Cardholder, we and each of us jointly and severally, guarantee to RMBCS that Cardholder shall promptly pay upon demand all indebtedness to RMBCS, arising from use by Cardholder or any of its officers or agents of credit card(s) issued by RMBCS (herein called indebtedness), and if Cardholder fails to promptly pay on demand any and all such indebtedness, the undersigned and each of them hereby jointly and severally promise to pay any and all such indebted- ness as the same becomes due to RMBCS, upon demand, with all attorney's fees incurred in enforcing payment. The obligations hereof shall continue until the Guarantors have delivered to said RMBCS a notice signed by them of their election not to guarantee any new indebtedness, but such notice shall not in any way affect the obligation of any Guarantor herein to pay any indebtedness to RMBCS existing when such notice is given. Each of Guarantors waives all rights which he has or may have to require RMBCS to institute suit against Cardholder, the Guarantors and each of them being bound to the payment of each and all indebtedness to said RMBCS whether now existing or hereafter accruing, as fully as if such indebtedness was directly owing to RMBCS by him and as fully as if each Guarantor was a joint user with the Cardholder of any credit card(s)issued to Cardholder. Forebearance on the part of RMBCS to enforce payment of any indebtedness, or the giving of further time to pay the same or renewal of any indebtedness, or the acceptance by RMBCS of or the release by RMBCS of any security or failure of RMBCS to enforce its rights against any security shall not release the Guarantors or any of them. Each Guarantor agrees that the indebtedness unpaid at any time from Cardholder to RMBCS, as shown by the book of RMBCS if approved as correct by the Cardholder, shall be received as conclusive evidence of the amount of such indebtedness owing by Cardholder to RMBCS as against said Guarantors and shall not be questioned by the Guarantors or any of them, and that none of the Guarantors may avail himself of any defense whatever which said Cardholders may have against RMBCS other than the payment of said indebtedness. All remedies or actions for the enforcement by RMBCS of the payment of such indebtedness are cumulative. Demand upon any Guarantor hereunder shall be sufficient if in writing and mailed to Guarantor by registered or certified mail addressed to his address as stated hereon. Each of the undersigned hereby consents that he may be sued on any matter arising under this continuing personal guaranty in any court, State, Municipal or Federal, in the State of Colorado to the same extent as if he were a resident of the State of Colorado and does hereby consent to the jurisdiction of any such Court and waives service of summons in any such action. This Agreement shall extend to any bind and insure to the benefit of the heirs, executors, administrators and assigns of RMBCS and each of the undersigned. In the event this instrument is signed by only one person, the term "Guarantors" herein shall be considered to be in the singular. IN WITNESS WHEREOF, the said Guarantors have hereunto subscribed their names this day of , 19 ��,,// Signaturree(s) of Guarantors) LiThi .,c — ,,+.._. � !-r;.)„TY I-Ct:M1 ^.^'D RECORCER g'Ar-fre. . -_-AML CL: K TO TS b3OARD Chcirman, Engird of County fnmm{ccirn<.. .: �- - � - i eputy County Clerk STATE OF CCU)124DC 1 ) ss. COUNTY OF v LD The foregoing instrument was acknowledged before this 13 - day of An")1 fit- , 19 n-! by C.o.:. -K�./�(i-..1 C'h0..LA l It 41 Cr- T7� k COMA \ ettijj-11 Cl7 tt FLA.44 -11W✓i My Commission expires: / �t_5 L l:Jr 11� 1J otary Public '?,5 J )$b .J . C-rreeio1,Ct) Et hl, , (391212 Hello