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The city staff shall serve as the administrative staff of the authority, as more particularly described in the charter, and the city shall provide all necessary administrative support to the authority, including meeting space and other office support services. The city clerk-treasurer is directed to establish and maintain, on behalf of the authority, a separate fund within the city designated as the “Anacortes Public Development Authority Fund” (the “fund”), into which all money of the authority shall be deposited. The city clerk-treasurer shall invest money deposited in the fund and shall create and maintain accounts and subaccounts within the fund, all as directed by the authority’s treasurer and in accordance with the charter. (Ord. 2598 § 7, 2002)