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HomeMy WebLinkAbout05-014 Providing for investment of city tax collections by JeffersonCo Treasurer RESOLUTION NO. 05-014 A RESOLUTION PROVIDING FOR THE INVESTMENT OF CITY TAX COLLECTIONS BY JEFFERSON COUNTY TREASURER WHEREAS, RCW 36.29.110 authorizes county treasurers to remit city tax collections monthly with earnings; and WHEREAS, RCW 36.29.020 authorizes county treasurers to invest city tax collections when directed by the governing body. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend that the County Treasurer shall invest all City tax collections and remit monthly, with earnings. The City Finance Director has authority to approve a reasonable method of remittance of City taxes. ADOPTED by the City Council ofthe City of Port Townsend, Washington, at a regular meeting thereof, held this seventh day of March, 2005. c~::2¡.u- Catharine Robinson, Mayor Attest: Approved as to form: " '~ "'-~. - , f '," . ,. '.." " . 1. :,.j u» J. u:J:¿~" " {cu;~}/ Pamela Kolacy, City Clerk () ~~ John Watts, City Attorney Resolution 05-014