RESOLUTION 15-007 ADMIN BANK ACCOUNT.DOC
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RESOLUTION 15-007 ESTABLISHMENT OF ADMINISTRATIVE BANK ACCOUNT WHEREAS, the Housing Authority of Maricopa County is requesting authorization to establish an administrative processing account to segregate cash earned from business type activities that are considered to be similar to those found in the private sector; and WHEREAS, the County Manager has reviewed and approved the Request for Administrative Bank Account; and WHEREAS, the administrative bank account is an interest bearing checking account and established with FirstBank of Arizona; NOW THEREFORE: BE IT RESOLVED, that the Board of Commissioners of the Housing Authority of Maricopa County hereby adopts Resolution No. 15-007 and approves the establishment of an Administrative Bank Account to hold revenue earned from business activities. Dated this _____________________ day of __________________________________________, 2015. Housing Authority of Maricopa County ATTEST: Chairman, Board of Commissioners Gloria Munoz, Clerk of the Board Approved As To Form Attorney for Housing Authority