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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. 1 � I 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Accounting Technician Jim Block F. Resolution 2767, heretofore, passed and approved on August 21, 1989, is hereby repealed.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. h� r�Ilk ys +� Earl Clymer, Mayor Approve to form: Lawrence J. Warren, ity Attorney 2 .f 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.