The Mellon National Bank and Trust, Monessen, be and it hereby is designated as depositary of funds to be derived by the city from the operation of the off-street parking system, which is to be leased by the city from Monessen Parking Authority, and is authorized to accept for deposit in an account to be known as the "Off-Street Parking Revenue Fund" in the name of the city, subject to clearance or collection, moneys, checks, drafts, notes, bills of exchange, acceptances or other orders for the payment of money which may at any time come into its possession with or without endorsement thereof by the city, payment thereof to the depositary being hereby guaranteed, and said depository is authorized and directed to honor and pay and to charge to the accounts of this city all checks, drafts, bills of exchange, acceptances, notes or orders for the payment of money withdrawn on or addressed to said depository and signed on behalf of this city by the following officers, whether the same is payable to the order of or in favor of the officers or persons signing them or to any of said officers in his individual capacity or otherwise:
A. 
Signature: Director of Accounts and Finance.
B. 
Countersignature: City Treasurer, City Controller.