HomeMy WebLinkAboutResolution No. 2024-11 - US Bank for PPFD BankingRESOLUTION NO.2024-11
A RESOLUTION OF THE PASCO PUBLIC FACILITIES DISTRICT
BOARD TO ADOPT U.S. BANK AS ITS FINANCIAL INSTITUTION, THE
SAME BANK UTILIZED BY THE CITY OF PASCO, WASHINGTON, WHICH
IS THE FISCAL AGENT FOR THE PASCO PUBLIC FACILITIES DISTRICT.
WHEREAS, the Pasco Public Facilities District (PPFD) was duly formed pursuant to
Chapter 35.57 of the Revised Code of Washington on July 15, 2002, by the adoption of City of
Pasco Ordinance No. 3558, and granted all powers provided by law pursuant to RCW 35.57.010;
and
WHEREAS, the PPFD Board approved Resolution No. 2024-101, adopting its Personal
Service Providers Policy on September 17, 2024; and
WHEREAS, the PPFD's Fiscal Agent is the City of Pasco, Washington, and per the
Personal Service Providers Policy, the PPFD Board shall make a formal written Resolution stating
the adoption of the banking service provider utilized by the Fiscal Agent.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE PASCO PUBLIC FACILITIES DISTRICT AS FOLLOWS:
Section 1. The Pasco Public Facilities District (PPFD) adopts the U.S. Bank as its
financial institution.
Section 2. That this Resolution shall take effect immediately.
PASSED by the Pasco Public Facilities District Board of Directors, of Pasco, Washington,
on this 17th day of September, 2024.
PASCO PUBLIC FACILITIES DISTRICT
Mark Morrissette, Board President
ATTEST:
Caroline Bowdish Secretary/Treasurer
Pasco Public Facilities District
APPROVED AS TO FORM:
Kerr F Law, PLLC
A mey for PPFD
Resolution — 2024-11 — U.S. Bank - 1