HomeMy WebLinkAbout2020-R-2 Reolution No. 2 Resolution Authorizing the Investments of Public Funds pursuant to IC 5-13-9-5 RESOLUTION NO.Z
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE
AUTHORIZING THE INVESTMENT OF PUBLIC FUNDS
PURSUANT TO IC 5-13-9-5
Whereas,the City of Jeffersonville (the"City")desires pursuant to IC 5-13-9-5 to allow banks outside the
political subdivision to submit quotes on public funds certificates of deposit for the purpose of investing its
operating and utility funds;
Now, therefore, pursuant to IC 5-13-9-5, the board hereby authorizes the investing officer of the City to
invest in certificates of deposit of depositories that have not been designated by the local board of finance
but have been designated by the state board of finance as a depository for state deposits under IC 5-13-9.5.
This authorization expires one(1)year after the adoption date.
This resolution shall be in full force and effect from and after its passage by the Common Council and
approval by the Mayor.
VOTED FOR: VOTED AGAINST:
j.
PASSED AND ADOPTED by the Common Council of the City of Jeffersonville,Clark County, Indiana upon
thisaJr day of t.3&tti , 20x
Matt Owen, President and
Presiding Officer
2020-#R- A
ATTEST:
saGil Clerk
City of Jeffersonville
PRESENTED by me to the Mayor of the City of Jeffersonville,Clark County, Indiana upon this day
of Gnua , 29).
AA,"
Lisa ill,Clerk
City of Jeffersonville
SIGNED and APPROVED by me upon this day of VAR 20a0,
Mik Moore, Ma or
City of Jeffersonville