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1244L RECITALS: RESOLUTION NO.1244 A RESOLUTION NAMING THOSE EMPLOYEES AUTHORIZED TO RELEASE CONTRACTOR SAVINGS ACCOUNT RETAINED PERCENTAGE ON BEHALF OF THE CITY OF MOSES LAKE 1.Since interest bearing savings accounts for contractor retained per centage are required pursuant to Section 2.b of RCW 60.28.010,the bid of First Interstate Bank bid is accepted as the lowest bid. RESOLVED: 1.Funds on deposit with the Moses Lake Branch of the First Interstate Bank may be released to the contractor by letter signed by any of the follow ing individuals: Joseph K.Gavinski,City Manager Walter Fry,Finance Director Jean C.Burton,Assistant Finance Director Patricio Zamora,Accountant 2.Said authority shall continue in force until notice in writing of its revocation shall have been given to and received by said bank. Adopted by the City Council on November 26,1985. ATTEST: City Clerk