HomeMy WebLinkAbout1988-R-01RESOLUTION NO. 88-R- /_
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,
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 cOUNCIL of the
City of jeffersonville, that the Clerk and Treasurer be, and 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 exceed December 31, 1988.
Approved and signed by me this ~_ day of ~/o
1988.
~rLLIAM SHR ·
PRESIDENT, COMMON cOUNCIL
ATTEST:
CLERK AND TREAS~/R.
Presented by me as Clerk and Treasurer to the Mayor of said
city of jeffersonville, Indiana this ¥ day of
1988.
~. R~CHARD S
CLERK AND TREA~gRER
This Ordinance approved and signed by me this ~ _ day of
DALE L. OREM
MAYOR