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HomeMy WebLinkAbout2004-R-02 RESOLUTION 2004- 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 to 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 jeffersonville to invest as authorized by the State Board of Accounts. The time period for such funds should be lef~ to the discretion of the Clerk Treasurer. Time for such investments shall not exceed December 31, 2004. This resolution shall be in full force and effect from and after its passage. · Approved and adopted this ~ day of ~ob e~--~z, p-~ee siding Officer ATTEST: lerk Treasure Presented by me as Clerk-Treasurer to the Mayor to the City of jeffersonville, Indiana this__2_~ day of ~ 2004. ~-e g ~--~id~C...~l er k Tre~asurer This Resolution approved and signed by me thi~~2004' City of leffersonville