Title 04 Administrative Agencies and Procedures
Chapter 04.25 Public Development Authority
Article I. General Provisions
Section 04.25.180 Deposit of Funds
All moneys belonging to or collected for the use of the authority coming into the hands of any director or employee are deposited in a qualified public depository as determined by the Washington Public Deposit Protection Commission. Such moneys may be invested at the discretion of the board, by resolution, in investments which would be lawful for the investment of City funds.
Date Passed: Monday, March 26, 2007
Effective Date: Sunday, May 6, 2007
Recodification ORD C33995 Section 1
