Res 10-595RESOLUTION NO. 10-595
A RESOLUTION of the City Council of the City of Federal Way,
Washington, Repealing Resolution No. 08-525 and Designating the
Qualified Public Depository Where Checks are to Be Drawn,
Designating Those Persons Authorized to Sign Checks, Drafts or
Warrants on Behalf of the City.
WHEREAS, effective November 2010, the form of government will change to a Mayor-
Council form pursuant to RCW 35A.12, et seq.; and
WHEREAS, Resolution No. 08-525 needs to be repealed because the position of city
manager will no longer exist after November 2010, and the Chief Executive Officer will be the
elected Mayor; and
WHEREAS, pursuant to RCW 35A.12.100, the City of Federal Way Mayor is authorized to
organize and regulate the internal affairs of the City of Federal Way; and
WHEREAS, the Mayor is authorized, pursuant to RCW 35A.12.100, to supervise the
administrative affairs of the City; and
WHEREAS, the City's Depository Bank is Bank of America, a national banking association,
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
RESOLVES AS FOLLOWS:
Section 1. Cit '�pository Bank Designated. Bank of America, a national banking
association, is hereby designated to be the qualified public depository bank whereon the City checks
are to be drawn and certain accounts are to be established from time to time on behalf of the City.
Section 2. City's Authorized Signature. The following designated positions, the Mayor and
the Finance Director or their designees, are hereby authorized to open such checking, draft warrant,
Resolution No. 10-595 Page 1 of 3
or other depository accounts for and on behalf of the City, as they shall deem necessary from time to
time. Any checks, drafts or warrants drawn on any accounts, so established, in excess of Five
Hundred Dollars and no/100 ($500.00) must be signed by both the Mayor and the Finance Director
or their designees.
Section 3. Reliance on Authorization. Bank of t�merica is entitled to rely and act in
accordance wit the authorization contained in this resolution until such time as it is notified by a new
resolution of the Federal Way City Council amending or repealing this resolution.
Section 4. Severabilitv. If any section, sentence, clause or phrase of this resolution should be
held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or
unconstitutionality shall not affect the validity or constitutionality of any other section, sentence,
clause or phrase of this resolution.
Section 5. Corrections. The City Clerk and the codifiers of this resolution are authorized to
make necessary corrections to this resolution including, but not limited to, the correction of
scrivener/clerical errors, references, resolution numbering, section/subsection numbers and any
references thereto.
Section 6. Ratification. Any act consistent with the authority and prior to the effective date
of this resolution is hereby ratified and affirmed.
Section 7 . Effective Date This resolution shall become effective after the certification of the
mayor election in November 2010 when the form of government changes to Mayor-Council.
Resolution No. 10-595 Page 2 of 3
RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON this 3rd day of August, 2010.
CITY OF FEDERAL WAY
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A OR, L1NDA K CHMAR
ATTEST:
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CITY CLERK, CARO M LLY, CMC
APPROVED AS TO FORM:
C TY ATTORNEY, PATRICIA A. RICHARDSON
FILED WITH THE CITY CLERK: July 27, 2010
PASSED BY THE CITY COUNCIL: August 3, 2010
RESOLUTION NO.: 10-595
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