Chapter 3.36
FISCAL AND CREMATION AGENT
Sections:
3.36.010 Fiscal agent designated—Statutory authority.
3.36.010 Fiscal agent designated—Statutory authority.
Pursuant to the authorization contained in RCW 43.80.110, the Rainier National Bank of Seattle, Washington, is designated as fiscal agent for the town for payment of bonds and coupons thereof, all in accordance with the requirements of RCW 43.80.100, et seq. (Ord. 391 § 1, 1979)
3.36.020 Cremation agent designated—Statutory authority—Contractual agreement with mayor or director of finance required—Certificate of destruction required.
The Rainier National Bank of Seattle, Washington, is likewise designated as cremation agent for the destruction of paid and cancelled bonds and coupons in accordance with the requirements of RCW 43.80.130; provided, however, that the mayor or the director of finance as his delegate enters into a contractual agreement with the Rainier National Bank of Seattle, providing for and regulating the destruction and/or cremation of any general or revenue obligation bonds or interest coupons that have been cancelled or paid after one year from the cancellation or payment; and further provided, that a certificate of destruction as required by RCW 43.80.140 giving full descriptive reference to the instruments destroyed shall be made by the person or persons authorized to perform such destruction, and one copy of the certificate shall be filed with the office of the finance director of the town. No certificate of destruction shall itself be destroyed until all of the bonds and coupons of the issue or series described thereon shall have matured and been paid or cancelled. (Ord. 391 § 2, 1979)