HomeMy WebLinkAbout1997-R-01RESOLUTION NO. 97-R- /
RESOLUTION AUTHORIZING THE INVESTMENT
OF TEMPORARILY DORMANT FUNDS
WHEREAS, the Clerk and 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 C~UN~q~L of the City
of Jeffersonville, that the Clerk and TreaSurer~.~"~ he hereby is,
authorized to invest the following sums from the accounts, and for the
time indicated.
From such accounts the Clerk and Treasurer finds that
excess money at the present time would be more bene-
ficial 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 and Treasurer. Time for such
investments would not exceedDe_~ember 31, 19g~.
Passed and adopted this ~"-~'dayF'~ of ~J, ,
1997, by the Common Council of the City of Jeffersonville, Clark
PRESIDING OFFICER
Presented by me as Clerk and Trg~surer to the Mayor of the
City of Jeffersonvllle, Indiana, this 7~ day of ~r~, ,,
CLERK AND TREASURER
1997. APpF°v°d and si~e~S~~~ ~ '
MAYOR
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