In order to designate a
proxy to affix his or her signature to bonds, a code city officer
shall address a written notice to the legislative body of the
city giving the name of the person whom he or she has selected
therefor and stating generally or specifically what bonds are to
be so signed.
Attached to or included in the notice shall be a written
signature of the officer making the designation executed by the
proposed proxy followed by the word "by" and his or her own
signature; or, if the notice so states, the specimen signatures
may consist of a facsimile reproduction of the officer's
signature impressed by some mechanical process followed by the
word "by" and the proxy's own signature.
If the authority is intended to include the signature upon
bonds bearing an earlier date than the effective date of the
notice, the prior dated bonds must be specifically described by
reasonable reference thereto.
The notice designating a proxy shall be filed with the city
finance officer or city clerk, together with the specimen
signatures attached thereto and a record of the filing shall be
made in the journal of the legislative body. This record shall
note the date and hour of filing and may be made by the official
who keeps the journal at any time after the filing of the notice,
even during a period of recess or adjournment of the legislative
body. The notice shall be effective from the time of its
recording.
[2009 c 549 § 3038; 1967 ex.s. c 119 § 35A.36.060.]