HomeMy WebLinkAbout1986-R-04RESOLUTION NO. 86-R-~
A RESOLUTION AUTHORIZING THE INVESTMENT
OF TEMPORARILY SURPLUS FUNDS.
WHEREAS, The Clerk and Treasurer has on hand in certain
accounts more funds than are currently necessary for the immed-
iate use of such accounts, and,
WHEREAS, the Acts of the General Assembly of the State of
Indiana now provide for the temporary investment of such funds.
IT IS THEREFORE RESOLVED BY THE COMMON COUNCIL of the City
of Jeffersonville, that the Clerk and Treasurer be, and he hereby
is, authorized to invest the following sums from the accounts,
and for the time indicated.
From such accounts the Clerk and Treasurer finds that
excess money at the present t~ime.~woUid be more beneficial
to the City of Jeffersonville to invest as authorized
by the State Board of Accounts.
The time period for such funds should be left for the
discretion of the Clerk and Treasurer. Time for such
investments would not exceed December 31, 1986.
Adopted by the Common Council of the City of Jeffersonville,
Indiana, this 6th day of January, 1986.
D~LE L. OREM,
Presented by me as Clerk-Treasurer to the Mayor of the City
of Jeffersonville, Indiana, this 6th day of January, 1986.
c. R CHARD JR. /
CLERK AND TREAS~rRER
Approved and signed by me this 6th day of January, 1986.
DALE L. OR~M~ MA¥0R