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HomeMy WebLinkAbout570RESOLUTION N0: 5 7 0 A RESOLUTION OF THE CITY OF AUBURN, WASHINGTON, DESIGNATING THE PACIFIC NATIONAL BANK OF WASHINGTON, AS THE OFFICIAL CUSTODIAN FOR THE CITY OF AUBURN:OF THE UNZTEp STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ACCOUNT NUMBER 41436:ESTABLI;SHED FOR THE. PURPOSE OF REIMBURSING THE CITY OF AUBURN FOR FUNDS EXPENDED ON WATER AND SEWER FACILITIES PROGRAM. THE CITY. COUNCIL OF THE CITY OF AUBURN, WASHINGTON, IN A REGULAR MEETING DULY ASSEMBLED HEREWITH. RESOLVES THAT The Mayor and Finance Director for the City of Auburn, Washington, are herewith. authorized to designate the Pacific National Bank of Washington as the custodian of funds received by the City of Auburn for its water and sewer facilities program under the United States Housing and Urban Development account number 41436, wherein the City of Auburn is the recipient of Federal grant funds of a maximum of fifty percent (_50%) of $927,900 under Project WS-Wash 98; Contract No. H602-2796. and the Director of Finance-for the City of Auburn, Washington, is further authorized to make deposits into that fund and withdrawals therefrom for the purposes of administering those monies under that federal program. DATED and SIGNED this `7th day of May, 1973. CITY OF AUBURN ,,% . f _ - /~~_ MAYOR ATTEST• l~ Cit Jerk 4-30-73