Res 90-020
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0072.030.005
JDW/naa
03/12/90
RESOLUTION NO.
90-20
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF FEDERAL WAY, WASHINGTON, AUTHORIZING THE
INVESTMENT OF CITY OF FEDERAL WAY MONIES IN THE
LOCAL GOVERNMENT INVESTMENT POOL AND SPECIFYING
THE OFFICERS OR PERSONS AUTHORIZED TO INVEST AND
WITHDRAW SAID FUNDS.
WHEREAS, pursuant to Chapter 294, Laws of 1986, a Local
Government Investment Pool in the State Treasury was created for
the deposit of money of a political subdivision for purposes of
investment by the State Treasurer, and
WHEREAS, the city of Federal Way hereby finds that the
deposit
withdrawal
in
the
Local
Government
of
and
money
Investment Pool in accordance with the provisions of this Chapter
for the purposes of investment as stated therein are in the best
interest of the City, and
WHEREAS, set forth hereinafter are the signatures that
have
been
duly
authorized
into
the
to
enter
and
empowered
necessary agreements, NOW, THEREFORE,
THE
CITY
COUNCIL
OF
THE
CITY
FEDERAL WAY,
OF
WASHINGTON, HEREBY RESOLVE AS FOLLOWS:
section 1.
The City of Federal Way hereby authorizes
the deposit and withdrawal of Cit~¿, of Federal Way monies in and
,,', ..
from the Local Government Investmen~ Pool in the state Treasury
in accordance with Chapter 294, Laws of 1986, for the purpose of
investment as stated therein.
section 2.
The city Council hereby authorizes W. E.
JDWO0776R
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Bennett or Bonita Fell, whose names, titles and signatures are
attached hereto as Exhibit A, to order the deposit or withdrawal
of monies in the Local Government Investment Pool.
RESOLVED this 20th day of March, 1990.
APPROVED:
%k r?U
MAYOR, DEBRA ERTEL
ATTEST/AUTHENTICATED:
/1J~ iZ. ~
CITY CLERK, DELORES ~. MEAD
FILED WITH THE CITY CLERK: March 12, 1990
PASSED BY THE CITY COUNCIL: March 20, 1990
RESOLUTION NO. 90-20
NAME:
¿{P.ø~~ --
W. E. Bennett
TITLE:
Interim Finance Director
4 ~ f.du1L
Bonita Fell
Staff Accountant
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JDWO0776R
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PLEASE COMPLETE AND RETURN THIS FORM TO:
OFFICE OF THE STATE TREASURER
LOCAL GOVERNMENT INVESTMENT POOL
LEGISLATIVE BLDG. AS-23
OLYMPIA, WA 98504-0423
CITY OF FEDERAL WAY
31132-28th Avenue South
Federal Way, WA 98003-5599
NAME AND ADDRESS OF LOCAL GOVERNMENT AGENCY
PLEASE LIST THE BANK ACCOUNT NUMBER TO BE USED IN THE WITHDRAWAL OF
FUNDS FROM THE LOCAL GOVERNMENT INVESTMENT POOL.
FUNDS WILL NOT BE TRANSFERRED
TO ANY ACCOUNT OTHER THAN THAT LISTED.
BANK NAME
BANK BRANCH LOCATION
ACCOUNT#
ACCOUNT NAME
Federal Way
37-873-106
CITY OF FEDERAL WAY
puget Sound Bank
PLEASE LIST ALL PERSONS CURRENTLY AUTHORIZED TO MAKE DEPOSITS AND
\-JITllDRA\'¡ALS FOR YOUR AGENCY.
NAME
TITLE
SIGNATURE
TELEPHONE fI
W. E. Bennett
~~~~ Direcror,~éJe~~t~2061941-1696
Bonita Fell
Staff Accountant
¡j{))1~ R'¿'.J.lL
(206)941-1696
ANY CHANGE TO THESE INSTRUCTIONS MUST BE SUBHITTED IN WRITING TO THE OFFICE OF
\,
THE STATE TREASURER PRIOR TO THEIR IMPLEMENTATION.
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EXHIBIT "A"