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Res 03-390RESOLUTION NO. 03-390 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, AMENDING INDIVIDUAL PETTY CASH FUND LIMITS. (AMENDING RESOLUTION NO. 90-13). WHEREAS, petty cash funds were authorized by City Council on January 23, 1990; and WHEREAS, the City Council wishes to amend the authorization of petty cash funds, section 2, relating to limits of individual petty cash funds; NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, HEREBY RESOLVES AS FOLLOWS: Section 1. Amendment. The authorization of petty cash fund limits shall be amended to read; Such individual petty cash fund shall not exceed the stun of $1,000, with expenditures from each such fund to be separately accounted for in accordance with recommended procedures of the State Auditor's office. Section 4. 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. Section 5. Ratification. Any act consistent with the authority and prior to the effective date of this resolution is hereby ratified and affirmed. Res. # 03-390 , Page 1 ORIGINAL Section 6. EffectivcDate. Thisresolution shall be effective immediately upon passage by the Federal Way City Council. RESOLVED BY THE WASHINGTON this CITY 15th day of COUNCIL OF THE CITY OF FEDERAL WAY, July ,2003. CITY OF FEDERAL WAY I~AYOR, JEANNE BURBIDGE ATTEST: APPROVED AS TO FORM: CITY ATTORNEY, PATRICIA A. RICHARDSON FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: RESOLUTION NO.: Revised: 6/11/03 07/08/03 07/15/03 03-390 Res. # 03-390 ., Page 2