HomeMy WebLinkAbout1985-R-01RESOLUTION NO. 85-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 immediate 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 Jefferson-
ville 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 time would be more beneficial to the City of Jeffersonville to
invest in Certificates of Deposit.
The time period for such funds should be left for the discretion of the
Clerk and Treasurer. Time for such investment would no= exceed January 1, 1986.
DALE L. 0REM, MAYOR
Presented be me as Clerk and Treasurer to the Mayor of
this ~ day of January, 1985.
Approved and signed by me this
the City of Jeffer-
C. Richard Spencer, Jr / /~
CLEHK TREAS R
day of January, 1985.