Resolution 18-001 bank signing authority CTTY OF SPOKANE VALLEY
SPOKANE CO TY,WASHINGTON
RESOLUTION NO, 1.84004
A RESOLUTION OF THE CITY OF SPOKANE VALLEY, SPOKANE COUNTY,
WASHINGTON, DECLARiNG WiiiCH QUALIFIED PUBLIC DEPOSITORIES THE CITY 1S
AUTHORIZED TO CONDUCT FINANCIAL TRANSACTIONS WITH, DECLARING WHICH
COUNCIL MEMBERS AND CITY OFFICERS HAVE SIGNING AUTHORITY PURSUANT TO
SPOI{ANE VALLEY MUNICIPAL CODE 3.55.010; REPEALING RESOLUTION 17-O01, AND
OTHER MATTERS ELATING THERETO.
WHEREAS, the City Council has authority,pursuant to Spokane Valley Municipal Code 3.55.010
to declare by resolution which qualified public depositories the City may use to pay its claims or obligations,
and to declare three Councilmembers and those City officers who arc authorized to make payments on
claiiris or obligations of the City; and
WHEREAS, it is necessary from time-to-titrc to update which qualified financial depositories the
City does its banking with,as well as to update those Councilmembers and City officers who arc authorized
to sign checks on behalf of the Ci[y al those depositories or otherwise conduct the financial affairs of the
City.
NOW THEREFORE, be it resolved by the City Council of the City of Spokane Valley, Spokane
County, Washington, as follows:
Section 1, Authorized Qualified Public Depositories for Making Payments on Claims or
Obligations of the City. The City of Spokane Valley is authorized to use Banner Bank, Mountain West
Bank, Umpqua Bank and other public depositories as listed on the Washington Public Deposit Protection
Commission listing of approved banks, for public deposits,checks,and making fund transfers to and from
accounts.
Section 2. Councilmembers Designated to Have Signature Authority at Qualified Financial
Depositories for Making Payments on Claims or Obligations of the City. Pursuant to SV MC 3.55.010, the
following Counciim embers are given signing au[horit.y on behalf of the City to make payments OR claims
or obligations of the City:
i,.R. l Liggins
Pam Haley
Arne Woodard
Section 3, City Officers Designated to I Lave Signature Authority at Oualified Financial
Depositories for Making Payments on Claims or Obligations of the City and Investing Public Monks.
Pursuant to SVMC 3.55.010, the following City Officers are given signing authority on behalf of the City
to make payments on claims or obligations of the City, to invest its public monies with the Local
€iovernment Investment Pool, and make all appropriate transfers related thereto:
Mark Calhoun., City Manager
C:he is ie Taylor,lor, Finance Director
Dan Duffey, Accounting Manager
Section 4. Repeal. Resolution 17-001 is hereby repealed in its entirety.
Section 5. Effective Date. This Resolution shall be eJfcetivc upon adoption.
Resolution 18-001 Declaring Banking Authority Page 1 of 2
PASSED by the City Council of Spokane Valley,Washington this 9th day of January, 2018_
CITY OF Sly KANE A.'LEY
1 p „- L.R.Higgs ;, r.
A ty t F� ff�f
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Chris4ittu Bainbridge, City Clerk
Approved us luriri:
4 p
ice he City' rarney
Resolution 18-001 Declaring Banking Authority Page 2 01-