1451RECITALS:
RESOLUTION NO. 1451
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 and any
approved public depositories within the City of Moses Lake may accept
such interest bearing accounts on terms agreed on between the public
works contractor and the approved public depository.
RESOLVED:
1.Funds on deposit with any approved public depository in the City of Moses
Lake may released to the contractor by letter signed by any of the fol
lowing individuals:
Joseph K.Gavinski,City Manager
Walter Fry,Finance Director
Jean C.Burton,Assistant Finance Director
Ronald Cone,Accountant
2.Said authority shall continue in force until notice in writing of its
revocation shall have been given to and received by said public
depositories.
Adopted by the City Council on March 14,1989.