HomeMy WebLinkAboutRES 2768 i 3�89
CITY OF RENTON, WASHINGTON
RESOLUTION NO. 2 7 6 8
BE IT RESOLVED BY THE MAYOR AND THE CITY COUNCIL OF
THE CITY OF RENTON, WASHINGTON, AS FOLLOWS:
SECTION I:
A. Those certain Banks and Saving and Loan Associations per Exhibit "A" (attached) are
hereby designated as one or more of the depositories for funds belonging to or under control of
the City of Renton, a municipal corporation, under the laws and statutes of the State of
Washington. The City's duly appointed and qualified Director of Finance, to wit: Dan
Clements, is hereby authorized and directed to open and maintain one or more accounts at said
named depositories on behalf of and in the name of the City of Renton.
B. The above-mentioned depositories be and they are hereby further authorized to honor
and pay checks, drafts, and similar instruments in the name of the City of Renton and signed
by any two (2) of the following officials of the City of Renton:
TITLE NAME
Mayor Earl Clymer
Finance Director Dan Clements
Deputy Finance Director Iwen Wang
and whether said checks, drafts, or other instruments be made payable to the City of Renton, or
others, and whether such checks, drafts, or other instruments or the proceeds of same are used
for municipal or similar purposes.
C. There shall be no obligation on the part of the above 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 behalf of the City
of Renton.
D. That any of the officers or officials of the City of Renton above-named are further
authorized to endorse any such checks, drafts, or other instruments made payable to the City of
Renton, a municipal corporation.
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RESOLUTION NO. 2768 - CONTINUED
E. The following individuals are authorized to request wire transfer of funds for purposes
of investing idle cash in qualified public depositories:
TITLE
NAME
Deputy Finance Director Iwen Wang
Budget Supervisor
gJoan Pringle
Fund Accounting Supervisor Marie Mosley
Accounting Technician Jim Block
F. Resolution 2767, heretofore, passed and approved on August 21, 1989, is hereby
repealed.
PASSED BY THE CITY COUNCIL this 11th day September, 1989.
Maxine E. Motor, City Clerk
APPROVED BY THE MAYOR this 11th day of September, 1989.
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Earl Clymer, Mayor
Approve to form:
Lawrence J. Warren, ity Attorney
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EXHIBIT: "A"
RESOLUTION NO. 2768
List of Banks/Savings and Loan Associations
Used by the City of Renton
COMMERCIAL BANKS
West One Bank 439 Rainier Avenue South, Renton 98055
First Interstate Bank of WA, N.A. 127 South Third Street, Renton 98055
US Bank of Washington 2950 Sunset Boulevard East, Renton 98056
US Bank of Washington 858 South Second Street, Renton 98055
Security Pacific Bank Renton Shopping Center, Renton 98055
Seattle First National Bank 311 Williams Avenue South, Renton 98055
Seattle Trust & Savings Bank 100 South Grady Way, Renton 98055
SAVINGS AND LOAN ASSOCIATIONS
Old Stone Federal Savings and Loan South Second & Williams, Renton 98055
First Federal Savings & Loan South Second & Wells, Renton 98055
Gibralter Savings & Loan 1155 North 130th, Seattle 98133
Home Savings & Loan 800 SW 152nd, Seattle 98166
Metropolitan Federal S&L 1516 Westlake Avenue, Seattle 98101
Olympic Savings & Loan 202 Pacific Avenue, Bremerton 98310
Pacific First Federal S&L P. O. Box 983, Renton 98057
Pioneer First Federal S&L 3919 - 128th Avenue SE, Bellevue 98006
Savings Bank of Puget Sound P. O. Box 66070, Seattle 98166
Shoreline Savings 15015 Main Street, Bellevue 98007
Summit Savings & Loan P. O. Box 1409, Bellevue 98009
Washington Mutual Savings Bank 150 Logan South, Renton 98055
Or any other savings and loan institution, State or Federally chartered,which carries maximum
insurance as provided by law, whether inside or outside the City.