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Council adopts Electronic Funds Transfer policy (Resolution 25-02)
Summary
Royal City Council adopted Resolution 25-02 to establish an Electronic Funds Transfer policy. The motion to adopt carried (m/s Piercy/Stanton) and the policy will govern EFT procedures going forward.
The Council considered Resolution 25-02, which adopts an Electronic Funds Transfer policy to govern how the City handles electronic transfers of funds. A motion (m/s Piercy/Stanton) to adopt Resolution 25-02 was made and carried, as recorded in the minutes.
The resolution was presented in the Resolutions section of the meeting and recorded for the minutes; the motion carried without additional detail recorded about abstentions or a roll-call tally. The policy will be listed on the City's records as Resolution 25-02 following this action.
