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HomeMy WebLinkAbout1884 ResolutionRESOLUTION NO. 1884 A RESOLUTION providing for a method of City property tax distributions by the County Treasurer. WHEREAS, although the City is entitled to interest earned on City property tax receipts held by the County Treasurer, the City recognizes that the County Treasurer's ability to monitor the investment of collected taxes on a daily basis is restricted by the County's current accounting system and is agreeable to a method of distribution proposed by the County Treasurer, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO RESOLVE AS FOLLOWS: Section 1. Until this Resolution is rescinded or superseded by further action of the City Council, the City agrees that the County Treasurer may continue the distribution of City property taxes on a monthly basis, except for the months of April and May and October and November, during which months the County Treasurer will distribute the taxes on each Wednesday for the amounts collected through the previous Friday. PASSED by the City Council and APPROVED by the Mayor this djj of August, 1989. (rap- ED HENDLER, Mayor ATIST: E ELYN WELLS, City Clerk APPROVED AS TO FORM: - • 09- • GRE - A UBSTELLO, City Attorney