HomeMy WebLinkAbout1976-R-01RESOLUTION NO. 76'R-1
A Resolution Authorizing the Investment of Temporarily
Surplus Funds.
WHEREAS, The Clerk-Treasurer has
more funds than are currently necessary
on hand in certain accounts
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 jeffersonville that the Clerk-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-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 should be left for the discretion
of the Clerk-Treasurer. Time for such investments would not exceed
January 1, 1977.
Adopted by the Common Council of the City of jeffersonville,
Indiana this 5th day of January, 1976.
Presented by me as Clerk-Treasurer to the Mayor of the
City of jeffersonville this 5th day of January, 1976.
Approved and signed by me
this 5th day of January, 1976.