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HomeMy WebLinkAbout0700 ResolutionRESOLUTION NO. 700 A RESOLUTION AUTHORIZING THE CITY TREASURER TO WITHDRAW MONIES FROM WASHINGTON MUTUAL SAVINGS BANK AND REINVEST THEM WITH COMMERCE SAVINGS AND LOAN THE CITY COUNCIL OF THE CITY OF PASCO DO RESOLVE AS FOLLOWS: Section 1. The City Treasurer is hereby authorized and instructed to withdraw the sum of $10, 000. 00 from Washington Mutual Savings Bank, Kennewick, Washington. Said funds were invested from the Arterial Street Fund. Section 2. The City Treasurer is hereby authorized and instructed to invest the sum of $10, 000. 00 from the Arterial Street Fund at.Commerce Savings and Loan Association. Section 3. The withdrawal and investment set forth herein have been approved by the Finance Committee.. Section 4. This Resolution shall be in full force and effect after its passage as required by law. PASSED by the CITY COUNCIL of the City of Pasco, Washington, this 4th day of October, 1966. G. E. CARTER, AY OR ATTEST: RUTH MODESKY, City Merk Approved as to form: D. WAYTIE CAMPBELL/, City Attorney