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HomeMy WebLinkAboutRES 3679Section IV repealed by RES 3706 CITY OF RENTON,WASHINGTON RESOLUTION NO.3679 A RESOLUTION OF THE CITY OF RENTON,WASHINGTON, AUTHORIZING SIGNATURE FOR DEPOSITORIES AND ELECTRONIC FUND TRANSFERS ON BEHALF OF AND IN THE NAME OF THE CITY OF RENTON. WHEREAS,the City of Renton maintains one or more accounts at one or more qualified public depositories,including the state operated Local Government Investment Pool for primary banking,investing,or third party trust agreement purposes;and WHEREAS,the City's appointed Finance &Information Services Administrator is hereby authorized and directed to open and maintain these accounts as required from time to time on behalf of and in the name of the City of Renton; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DO RESOLVE AS FOLLOWS: SECTION I.The depositories are hereby authorized to honor and pay checks. drafts,and similar instruments in the name of the City of Renton and signed by anyone of the fullowing officers and officials of the City of Renton,effective January I,2004.Resolution 3648 remains in effect through December 3 I,2003: Title Mayor Finance &Infonnation Services Administrator Name Kathy Keolker-Wheeler Victoria Runkle SECTION II.Any of the aoove named officers or officials are further authorized to endorse any such checks,drafts.or other instruments made payable to the City of Renton for the purpose of depositing same into the City's accounts. I SECTIONIU. RESOLUTION NO.3679 The designated depository for the account in the name of City of Renton Municipal Court (Municipal Court account)is hereby authorized to honor and pay checks, drafts,and similar instruments signed by the Court Services Director or Municipal Court Judge. The Director or Judge are further authorized to endorse checks,drafts,or other instruments made payable to the City of Renton for the purpose of depositing the same into the Municipal Court account. Title Court Services Director Muncipal Court Judge Name Joseph T.McGuire Terry L.Jurado SECTION IV.The following individuals are authorized to initiate and/or approve electronic fund transfers for the purposes of disbursing and depositing City funds for the purposes of investing,cash management,and accomplishing authorized City business in the City's name: Title Name Initiate Approve Finance &Infonnation Services Administrator Victoria Runkle No Yes Fiscal Services Director Elaine Gregory Yes Yes Finance Analyst Supervisor Linda Parks Yes Yes Finance Analyst Linda Dixon Yes No SECTION V.There shall be no obligation on the part of the depositories to see the application of funds in any case whatsoever,and that a true copy of this resolution be certified and delivered to each said depository at the time any such account is opened on hehalf of the City of Renton. SECTION VI.Section I of Resolution No.3648,passed and approved on August 4,2003,is hereby repealed. 2 RESOLUTION NO.3679 PASSED BY THE CITY COUNCIL this 22nd day of December,2003. Bonnie 1.Walton,City Clerk APPROVED BY THE MAYOR this 22nd day of December,2003. Jesse ~er,Mayor Approved as to form: /'"lCi~>Jvu~ Lawrence J.Warren:City Attorney RES.1029:12/15/03:ma 3