HomeMy WebLinkAbout1975-R-01RESOLUTION NO. 75-R-t
A Resolution Authorizing the
Surplus Funds.
WHEREAS, The Clerk-Treasurer
more funds
Investment of Temporarily
has on hand in certain accounts
than are currently necessary for the immediate use of
such accounts, and
WHEREAS, the Acts
Indiana now provide for
of the General Assembly of the State of
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, auth-
orized 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
Jeffersonvil]~ 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 n6{ ~XCeed
January 1, 1976.
Adopted by the Common Council of the City of Jeffersonville,
Indiana, this ~th day of January, 1975.
Presented by me as Clerk-Treasurer to the Mayor of the
City of Jeffersonville this 6th day of January, 1975.
~' ~' CLERK-TReASURiES/f
Approved an~ signed by me this 6th~day~_of January,,M -~/~1975'