The county comptroller is authorized and directed, pursuant to the provisions of RCW 36.29.020, to invest in the manner specified and in the investments authorized by state law any and all funds which are due to the city for property taxes while retained in the custody of the county pending distribution to the city. This includes all property taxes collected for the city and retained by the comptroller pending an official accounting. (Ord. 510 § 2, 1984).