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RES3737CITY OF RENTON,WASlllNGTON RESOLUTION NO.3737 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 ofRenton 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, WASlllNGTON,DO RESOLVB AS FOLLOWS: SECTIONL 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 following officers and officials ofthe City ofRenton: Title Mayor Fiscal Services Director Name Kathy Keolker-Wheeler Linda Parks SECTION II.Any of the above 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. 1 SECTIONID. RESOLUTION NO.3737 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 Fiscal Services Director Finance Analyst Supervisor Finance Analyst Name Linda Parks Cindy Zinck Linda Dixon Initiate Approve Yes Yes Yes Yes Yes No SECTIONV.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 behalf of the City ofRenton. SECTION VI.Effective February 11,2005,Section I and Section IV of Resolution No.3706,which was passed and approved on August 9,2004,is hereby repealed. 2 RESOLUTION NO.3737 PASSED BY THE CITY COUNCIL this 7 th day of February ,2005. Bonnie I.Walton,City Clerk APPROVED BY THE MAYOR this 7th day of_~F,,-e=b=r,,-,u=a=r=-,Y,--__-----..J'2005. Approved as to fOffil: ;;£,.-.~-._-,"." I -.~~.~- Lawrence 1.Warren,C~~~Qmey ---~ RES.1091:1125/05:ma 3