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HomeMy WebLinkAbout2002-R-01RESOLUTION NO. 2002-R o ~ 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 the 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; IT IS THEREFORE RESOLVED BY THE COMMON COUNCIL, of the City of Jeffersonville, that the Clerk-Treasurer be, and is hereby 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 as authorized by the State Board of Accounts. The time period for such funds should be left for the discretion of the Clerk- Treasurer. Time for such investments would not exceed December 31, 2002. Passed and adopted this ~ day of~, 2002, by the Common Council of the City of Jeffersonville, Clark County~d~ 3~aomasR.X ~.t · ~ Oafl~a~ /' /' ' Presiding Officer [ - ATTEST: Clerk-Treasurer Presented by me as Clerk-Treasurer to the Mayor of the City of Jeffersonville, Indiana, this ~ day of ~O,~i.to.,M.~, 2002. Peggy 90i~ler Clerk-Treasurer and signed by me this ~ day of (~~2~0~02. Approved /.Th{>~asR. Gal'li~ar/ ~ ] Mayor