Resolution No. 5046, which was approved on April 21, 2014, designated Finance Director Shelley Coleman as the City’s “authorized individual” to authorize all amendments, changes, or alterations to the Washington State Local Government Investment Pool (LGIP) Authorization Form including the designation of other individuals to make contributions and withdrawals on behalf of the City of Auburn.
With her recent retirement, the City is required to provide the LGIP with a Resolution which designates the current “authorized individual.” At the time Resolution No. 5046 was adopted, the LGIP required the “authorized individual” to be cited by name. The LGIP has since dropped that requirement and now permits authorization at the position title level. Accordingly, the attached Resolution designates the Finance Director as the City of Auburn “authorized individual.” |