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HomeMy WebLinkAbout1989-R-01- N NO. 89-R- _/__ R~SOLUTIO - A RESOLUTION AUTHORIZING THE INVESTMENT OF TEMPORARILY SURPLUS FUNDS WHEREAS, the Clerk bnd Treasurer has on hand in certain accounts more funds than are currently necessary for the immediate use of such accounts~ and, WHEREAS, the Acts o~ 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 ~ and Treasurer be, and he hereby is~ of jeffersonville, that the Clerk authorized to invest the follo,~ing sums from the accounts, and for the time 19897 County, ATTEST: indicated- From such accounts the Clerk and Treasurer finds that excess money at the present time would be more bene- ficial to the City iof 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 Cllerk and Treasprer. Time for such investments would nOt exceed December 31, 1989. Passed and adopted this ---9-- day of ___~i ............ ~ by the Common Council of the City of jeffersonville~ Clark Indiana. N , ~R~ _~I City Presented by me as Clerk and Treasurer to the Mayor of the of jeffersonville~ Indiana, this ___~_ day of ___~ ......... ~ 1989. 1989. Approved and ' CLERK AND TREASURER signed by me this .__~_ day of ___~--~ ...... ' DALE L. OREM MAYOR