HomeMy WebLinkAbout1973-R-13RESOLUTION NO. ~
A Resolution Authorizing the Investment of
Temporarily Surplus Funds.
WHEREAS, the Clerk-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-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-Treasurer feels that excess
money at the present time would be more beneficial to the City
of jeffersonville to invest in Certificates of Deposit. Total
exceed $1,000,000.00
amount of all moneys not to
The time period for such sould be left for the discretion
of the Clerk-Treasurer. Time for such investments would not
exceed six (6) months.
Adopted by the Common Council
Indiana,
of the City of jeffersonville,
this 2 day of July , 19/~. /~
Presented by me as
City of jeffersonville this
Clerk Treasurer to the Mayor of the
2
day of July , 1975.
-~' CLER~---TREAS~JRER
Approved and signed by me t.~ 2 day of Jul~'~ 1973.