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2.88.160 Deposit of public funds.
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All moneys belonging to or collected for the use of the authority, coming into the hands of any corporate official or officer thereof, shall be deposited in a qualified public depository as determined by the Washington Public Deposit Protection Commission. Such moneys may be invested at the direction of the Commission by resolution, in investments which would be lawful for the investments of City funds. (Ord. M-4271 § 4, 2019)