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RESOLUTION NO. ~() - 25 G
A RESOLUTION of the City Council of the
City of Port Angeles, Washington
declaring the existence of a public
nuisance and requiring the elimination
of such nuisance.
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WHEREAS, Chapter 8.16 PAMC provides that it is
unlawful for the owner or occupant of any property in the
City to allow weeds or other growth to obstruct or interfere
wi th streets or sidewalks or to constitute a menace to the
public health, safety or welfare, including but not limited
to a fire hazard; and
WHEREAS, pursuant to PAMC 8.16.030, the Chief of
the Fire Department has given written notice, through the
Public Works Department, to the owner or occupant of the
premises as set forth in Exhibits 1 through 35 attached hereto
and incorporated herein by this reference;
NOW, THEREFORE, be it resolved by the City Council
of the City of Port Angeles, Washington as follows:
Section 1. It is hereby declared that the condition
of the premises described in the attached Exhibits
through
35 constitute a public nuisance.
Section 2. It is hereby required that the owner
or occupant of such premises shall correct such condition
by removing, destroying, changing or controlling such weeds,
vegetable or horticultural growth, or by taking such other
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and further steps as may be necessary to eliminate such
nuisance.
Section 3. In the event of the failure of the owner
or occupant of such premises to correct such condition wi thin
ten days of the date of this resolution, the same will be
corrected by the City at the expense of such owner or occupant,
and the cost thereof shall be and remain a lien upon such
premises until paid.
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Section 4. The Chief of the Fire Department, through
the Public Works Department, shall forthwith mail a copy of
such resolution by United States mail, addressed to the owner
address.
or occupant of such premises, at his last known post office
PASSED by the City Council of the City of Port
day of July, 1986.
Angeles at a regular meeting of said Council held on the 15th
ATTEST:
~l7. uJ~
M"AYOR
MEMORANDUM
June 24, 1986
TO:
Manager Flodstrom, Mayor Whidden, Members of the City Council
Duane Wolfe, Director, Finance & Administrative servi~A)
Local Government Investment Pool lVyv
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FROM:
RE:
ISSUE: Should the City Council pass the attached Resolution authoriz-
ing participation in the Local Government Investment Pool managed by
the Office of State Treasurer?
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BACKGROUND: For several years, the finance 'officers in the State of
Washington have been attempting to establish a Local Government Invest-
ment Pool managed by the State Treasure1s Office. During the last
legislative session, such a pool was established, effective July 1,
1986. In order for the City to participate in the Pool, State Finance
Committee regulations require passage of a Resolution similar to the
one attached.
ANALYSIS: The purpose of a Local Government Investment Pool is to
aggregate available short-term funds from all political subdivisions in
the State and invest such moneys lump-sum. The idea is that the large
pool of money would be able to attract a higher interest rate than
small sums available in each locality. It is not the intention to use
this Pool as a replacement for the City's portfolio; we would still
like to maintain local control over the majority of our investments.
This process does, however, give us an alternative to our current
repurchase agreement practices for short-term moneys that would not
otherwise be invested. Each participant in the Pool will pay a
proportionate share of the Pool's 'expenses, based on its share of the
total assets. For 1987, the fee is computed at one-quarter of one
percent. Since the fee would be small and the earnings rate should
exceed that available on repurchase agreements, it is hoped that by
using the Pool the yield on available City money would be increased.
Money may be deposited daily and withdrawn daily from the Pool, with a
minimum transaction size of $5,000. At this time, we do not know to
what extent we will be using the Pool but we do know th9t-we cannot use
it without passing the attached Resolution.
RECO~~NDATION: We recommend the Council pass the attached Resolution
authorizing participation in the Local Government Investment Pool.
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PLEASE COMPLETE AND RETURN THIS FORM TO:
OFFICE OF THE STATE TREASURER
LOCAL GOVERNNENT INVESTMENT POOL
LEGISLATIVE BLDG. AS-23
OLYMPIA, WA 98504-0423
City of Port Angeles
P.O. Box 1150
Port Anqeles. WA 98362
NAME AND ADDRESS OF LOCAL GOVERNMENT AGENCY
PLEASE LIST THE BANK ACCOUNT NUMBER TO BE USED IN THE WITHDRAWAL OF
FUNDS FROM THE LOCAL GOVERNMENT INVESTMENT POOL. FUNDS WILL NOT BE TRANSFERRED
TO ANY ACCOUNT OTHER THAN THAT LISTED.
BANK NAl-IE
ACCOUNT1'J
ACCOUNT NAl-IE
B~NK BP~CH LOCATION
Seattle First
National Bank
Port .z..naeles
31000904
City of Port Angele
PLEASE LIST ALL PERSONS CURRENTLY AUTHORIZED TO HAKE DEPOSITS AND
\-.'ITHDRA\~ALS FOR YOUR AGENCY.
NAME
TELEPHONE II
TITLE
SIGNATURE
R. Duane Wolfe
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.. -/'.-. d
Dlr. Flnance . A " ...
& Admin Svcs ~b~ U~. '457-0<1]1
, ~
Miriam Wellman
Deputy Treas. ~ ~~457-0411
ANY CHANGE TO THESE INSTRUCTIONS MUST BE SUBHITTED IN WRITING TO THE OFFICE OF
THE STATE TREASURER PRIOR TO THEIR IMPLEMENTATION.
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