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HomeMy WebLinkAbout2003-R-02RESOLUTION 2003- R- ~ A RESOLUTION AUTHORIZING THE INVESTMENT OF TEMPORARILY DORMANT FUNDS WHEREAS, the Clerk Treasurer has on hand in certain accounts more funds than are currently necessary for immediate use of such accounts; and WHEREAS, the Acts of the General Assembly of the State of Indiana now provides for the temporary investment of such funds; NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL of the City of Jeffersonville, that the Clerk Treasurer be, and is hereby authorized t° invest the following sums and for the time indicated. From such accounts the Clerk Treasurer finds that excessive money at the present time would be more beneficial to the City of leffersonville to invest as authorized by the State Board of Accounts. The time period for such funds should be left to the discretion of the Clerk Treasurer. Time for such investments shall not exceed December 31, 2003. This resolution shall be in full force and effect fi.om and after its passage. Approved and adopted this ATTEST: __ day of~ 2003. ~. T~omas R. CJallig~m.{.Pre~idi~cer ~O~C~ ~'~, ~<---~ Peggy W~}c~e~, Clerk Treasurer Presented by me as Clerk-Treasurer to the Mayor to the City of Jeffersonville, Indiana this ~ day of ~ocu~-. , 2003. P~gg~ ~t'er, Clerk Treasurer This Resolution approved and signed by m[tl~ /t9 day. of ..~ 2003. City of Jeffersonville