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RES3770CITY OF RENTON,'WASHINGTON RESOLUTION NO.3770 A RESOLUTION OF THE CITY OF RENTON,WASHINGTON, AUTHORIZING SIGNATURE FOR DEPOSITORIES AND ELECTRONIC FUND TRANSFERS ON BEHALF OF AND IN THE NAME OF TIlE CITY OF RENTON. WHEREAS,the City of Renton maintains one or more accounts at one or more qualified public depositories,induding 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 ofthe City ofRenton; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASIllNGTON,DOES RESOLVE AS FOLLOV/S: 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 following officers and officials ofthe City ofRenton: Title Mayor Finance &Information Services Administrator Name Kathy Keolker-\-\/heeler Michael E.Bailey SECTIONll.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 SECTIONm. RESOLUTION NO.3770 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 atld/or approve electronic fund transfers for the purposes of disbursing and depositing City funds for the purposes of investrag,cash management,and accomplishing authorized City business in the Cirj's name: Title Finance &Information Services Administrator Fiscal Services Director Finance Analyst Supervisor Finance Analyst Supervisor Finance Analyst Name Michael Bailey Linda Parks Cindy Zinck Bang Parkinson Linda Dixon Initiate Approve Yes Yes Yes Yes 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 oftms resolution be certified and delivered to each said depository at the time any such account is opened on behalf ofthe City of Renton. 2 SECTION VI. RESOLUTION NO.3770 Effective September 15,2005,Section I and Section IV of Resolution No.3737,which was passed and approved on February 7,2005,is hereby repealed. PASSED BY THE CITY COUNCIL this 12 th day of_-=.S=e.r..p=t=e=ill=b=e.....r_----',2005. Bonnie I.Walton,City Clerk APPROVEDBYTHEMAYORtms 12th .dayof __~S=e.t'-p=t=eill=-"'-b=e"'-r ,2005. ~1:JlW!eh -W~ Kathy K er-Wheeler,Mayor Approved as to form: of~20l~ Lawrence J Warre~City Attorney RES.1133:9/8/05:ma 3