Title
Resolution to Designate the City’s Administrative Services Director as OMPD Treasurer
Recommended Action:
Staff Recommendation:
Move to approve the Resolution to Designate the City’s Administrative Services Director as Olympia Metropolitan Park District (OMPD) Treasurer and obtain the required bond.
Report Issue:
This resolution allows the OMPD President to take the necessary actions to obtain permission from the Thurston County Treasurer to designate the City’s Administrative Services Director the OMPD Treasurer.
Staff Contact:
Paul Simmons, Parks, Arts and Recreation Director, 360.753.8462
Presenter(s):
Paul Simmons, Parks, Arts and Recreation Director
Background and Analysis:
RCW 35.61.180 states that the county treasurer is the ex officio treasurer of a metropolitan park district but that such district may designate someone other than the county treasurer who has experience in financial or fiscal affairs to act as the district treasurer if the board has received the approval of the county treasurer to designate such person. It further states that, if the board designates someone other than the county treasurer, the district must purchase a bond from a surety company operating in the state that is sufficient to protect the district from loss. This resolution will allow the OMPD President the authority to seek permission from the Thurston County Treasurer, designate the City’s Administrative Services Director as OMPD Treasurer and obtain the required bond.
Neighborhood/Community Interests (if known):
N/A
Options:
Approve the Resolution to Designate the City’s Administrative Services Director as OMPD Treasurer
Financial Impact:
N/A