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RES 20-796 - Authorzing Staff to Close and Replace Compromised Bank Account RESOLUTION NO. 20-796 A RESOLUTION of the City Council of the City of Federal Way, Washington, authorizing staff to close the Municipal Court Jury Fund Bank Account at Key Bank and to replace it by opening a new Key Bank Municipal Court Jury Fund Bank Account. WHEREAS, Establishment of Municipal Court Jury/Witness Fee Checking Account, was approved by FEDRAC council committee on September 23, 2008; and WHEREAS, the Established Municipal Court Jury Fund Bank Account has been compromised; and WHEREAS,we want to close the compromised Jury Fund Bank Account and replace it with a newly established Key Bank account; NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, RESOLVES AS FOLLOWS: Section 1. On September 23, 2008 Finance / Economic Development / Regional Affairs Committee recommended Establishing Municipal Court/ Jury Fund Checking account; and Jury Fund bank account was established. Section 2. Due to fraudulent activities involving the City of Federal Way Municipal Court Jury Fund, Staff is directed to close the account and to establish a new Jury Fund account under the current Key Bank agreement. Authorized signers are to remain the same. Section 3.Severability.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. Resolution No. 20-796 Page 1 of 2 Section 4. 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 5.Ratification.Any act consistent with the authority and prior to the effective date of this resolution is hereby ratified and affirmed. Section 6.Effective Date.This resolution shall be effective immediately upon passage by the Federal Way City Council. RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON this 6th day of October, 2020. CITY OF FEDERAL WAY: F RRELL, MAYOR ATTEST: 40hnu´┐Ż&AW SYPAANIE COURTNEY C, CITY CLERK APPROVED AS TO FORM: Jac. t J. RYAN CALL, CITY ATTORNEY FILED WITH THE CITY CLERK: 09/30/2020 PASSED BY THE CITY COUNCIL: 10/06/2020 RESOLUTION NO.: 20-796 Resolution No. 20-796 Page 2 of 2