½ñÈÕ³Ô¹Ï

In order to facilitate the day-to-day business functions of the College, the ½ñÈÕ³Ô¹Ï Board of Trustees hereby delegates to the President of the College or designees the below listed authorities as per RCW 28B.50.100, 28B.50.140, 28B.50.142 and 28B.50.143:

1. To approve the expenditure of all budgeted funds and execute all contracts consistent with the budget adopted by the Board and in compliance with Board rules and all applicable state and federal laws and regulations.
2. To receive for the benefit of ½ñÈÕ³Ô¹Ï any and all payments to which ½ñÈÕ³Ô¹Ï is entitled and to accept gifts of money, goods or services for the benefit of the college.
3. To deposit any and all cash receipts received for ½ñÈÕ³Ô¹Ï into local financial institutions for the exclusive benefit of ½ñÈÕ³Ô¹Ï.
4. To invest and/or liquidate at their discretion and for the exclusive benefit of ½ñÈÕ³Ô¹Ï, any surplus funds of the College.
5. To act in our behalf on any and all other matters which concern the business administrative functions of the College insofar as such actions do not conflict with any other policies heretofore or hereafter adopted by this Board.

The above does not delegate to the President or designees the authority to establish the amount of their own salaries nor does it delegate the authority to establish the salary schedule which is to be followed in determining the salaries to be paid to the regular and continuing professional employees of ½ñÈÕ³Ô¹Ï for whom that schedule is designed.