Resolution 03-040 Granting Banking Authority •
RESOLUTION NO. 03-040
CITY OF SPOKANE VALLEY
SPOKANE COUNTY, WASHINGTON
A RESOLUTION GRANTING AUTHORITY TO OPEN ACCOUNTS AND TO
DEPOSIT AND WITHDRAW FUNDS FROM BANKING INSTITUTIONS.
WHEREAS, it is necessary for representatives from the City to have authority to open
accounts and have signing authority for City accounts at banking institutions to provide for the
proper and necessary administration of City financial business on a day-to-day basis;
WHEREAS, it is necessary to limit the number of authorized representatives in order to
maintain desirable accounting and institutional controls;
WHEREAS, the this Resolution is to identify those specific persons authorized to have
signing authority on behalf of the City, pursuant to City of Spokane Valley Ordinance No. 3; and
WHEREAS, said authority should be granted for the purpose of depositing funds into
such accounts, writing checks from such accounts, and authorizing fund transfers to and from
such accounts.
NOW THEREFORE, be it resolved by the City Council of the City of Spokane Valley,
Spokane County, Washington, as follows:
The following representatives of the City of Spokane Valley are authorized to transact
business with banking institutions on behalf of the City: Mayor Michael DeVleming, Finance
Director Ken Thompson, Deputy City Manager Nina Regor, City Councilmember Mike
Flanigan, and City Councilmember Dick Denenny.
Adopted this 8th day of July, 2003.
City of Spokane Valley
Mayor Michael DeVlemi
AT 0byr:
Gity Clerk, Christine Bainbrid
Approved as to Form:
I � Cit}01 rney, St nleyM. Schwartz
I of I