Resolution 22-002 Banking Authority CITY OF SPOKANE VALLEY
SPOKANE COUNTY,WASHINGTON
RESOLUTION NO.22-002
A RESOLUTION OF THE CITY OF SPOKANE VALLEY, SPOKANE COUNTY,
WASHINGTON, DECLARING WHICH QUALIFIED PUBLIC DEPOSITORIES THE CITY IS
AUTHORIZED TO CONDUCT FINANCIAL TRANSACTIONS WITH, DECLARING WHICH
COUNCIL MEMBERS AND CITY OFFICERS HAVE SIGNING AUTHORITY PURSUANT TO
SPOKANE VALLEY MUNICIPAL CODE 3.55.010; REPEALING RESOLUTION 20-001, AND
OTHER MATTERS RELATING 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 are
authorized to make payments on claims or obligations of the City; and
WHEREAS, it is necessary from time-to-time to update which qualified financial
depositories the City does its banking with, as well as to update those Councilmembers and City
officers who are authorized to sign checks on behalf of the City at 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, 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
SVMC 3.55.010, the following Councilmembers are given signing authority on behalf of the City
to make payments on claims or obligations of the City:
Pam Haley
Rod Higgins
Ame Woodard
Section 3. City Officers Designated to Have Signature Authority at Qualified
Financial Depositories for Making Payments on Claims or Obligations of the City and Investing
Public Monies. 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 Government Investment Pool, and make all appropriate transfers
related thereto:
John Hohman, City Manager
Chelsie Taylor, Finance Director
Dan Domrese, Accounting Manager
Resolution 22-002 Declaring Banking Authority Page l of 2
Section 4. Repeal. Resolution 20-001 is hereby repealed in its entirety.
Section 5. Effective Date. This Resolution shall be effective upon adoption.
PASSED by the City Council of Spokane Valley,Washington this 111E' day of January, 2022.
CITY OF SPOKANE VALLEY
Qr0.,,,k,
Pam Haley,Mayor
ATTE
pristine Bainbridge, City Cler
Approved as t orm:
' "a/
Office the Ci ttorney
Resolution 22-002 Declaring Banking Authority Page 2 of 2