City of Spokane

Spokane Municipal Code

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Title 04
Chapter 04.25
Section 04.25.180
 

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