HomeMy WebLinkAbout1990-R-01RESOLUTION NO. 90-R-_l--
A RESOLUTION AUTHORIZING THE INVESTMENT
OF TEMPORARILY SURPLUS 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,
Indiana
WHEREAS, the Acts of the General Assembly of the State of
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 and Treasurer be, and he hereby is,
authorized to.i~vest 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 exceed December 31~ 1990.
Passed and ado'pted this ___~___ day of _____~__~ ............ ~
1990, by the Common Council of the City of Jeffersonville~, Clark
County, Indiana.
ATTEST:
C. RICHARD SPENCE~JR.
CLERK AND TREASURER
PRESIDENT, COMMON COUNCIL
Presented by me as Clerk and Treasurer to the Mayor of the
City of Jeffersonville, Indiana, this ~__ d~ay Qf- ........ '- ........ '
1990.
U. RICHARD SPENCE~ JR. ~
CLERK AND TREASURER
Approved and signed by me this ~._ day of ............. ,
1990.
DALE L. OREM
MAYOR