HomeMy WebLinkAboutRES 3370 CITY OF RENTON, WASHINGTON
RESOLUTION NO. 3 3 7 0
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 any one of the following
officers and officials of the City of Renton:
Title Name
Mayor Jesse Tanner
Finance & Information Services Administrator Victoria Runkle
SECTION U. 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.
SECTION III. 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,
RESOLUTION NO. 3 3 7
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 Name
Court Services Director Joseph T. McGuire
Muncipal Court Judge 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& Information Services Administrator Victoria Runkle No Yes
Finance Director Paul Kusakabe No Yes
Financial Planning Manager Richard Richmire Yes Yes
Financial Analyst Linda Dixon Yes No
Staff Accountant Gina Jarvis 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 behalf of the City of
Renton.
SECTION VI. Section III of Resolution No. 3302 passed and approved on
January 26, 1998, is hereby repealed.
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RESOLUTION NO. 3370
PASSED BY THE CITY COUNCIL this 25th day of January , 1999.
,/1
Marilyn J F'e&en, City Clerk
APPROVED BY THE MAYOR this 25th day of January , 1999.
4Jesi anner, Mc:70.4
ayor
Approved as to form:
C7e / IA( 42, te,(j
Lawrence J. Warren, Cit • ttorney
RES.707:1/11/99:as.
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