HomeMy WebLinkAbout1974-R-01RESOLUTION NO. ?4-RZl
A Resolution Authorizing the Investment of Temporarily SurpI~ Funds.
WHEREAS, the C~rk-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 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 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 sho~!d?be left for the discretion
of the Clerk-Treasurer. Time for such investments would not
exceed January 1, 1975.
Adopted by the Common Council of the City of Jeffersonville,
Indiana~ this 7th day of January, 1
Presented by me as
City of Jeffersonville this
Approved and signed by me
Clerk-Treasurer to the Mayor of the
7th day of January, 1974~
K- TREASURER
th~Z.~ day of Janu~y, 1974.
- "~,. iVlAYOR