Loading...
HomeMy WebLinkAbout0464 ResolutionRESOLUTION NO' A RESOLUTION AUTHORIZING THE, INVESTMENT OF THEI,SUM OF . $151000 FRONT iT'HE','FIREMEN'S RELIEF AND PENSION FUND W HEREAS, the C i ty C6u nc i L. of the C i ty of Pasco is des i rous of i nvesti ng the sum -of $15, 000 -from, the Firemen's Relief and Pension Fund in Government Bonds or notes, and WHEREAS, said investment has been recommended by the Firemen's Re - I ief and'. Pen.s.ion Board and the City Finance ,Committee of the City of Pascoj and 'WHEREAS, said investment is for.1hebest interests of the City of Pasco; NOW; THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO DO RESOLVEAS FOLLOWS: Section, I. The City Treasurer of the City of Pasco ishall invest the sum of $15:,000 -from the Firemen's Re Hlef'and Pensi on, F0 nd i,n G byeirnme6t Bonds and notes in �such. manner, and denom'inatidns as she deems most advisable. Section 2. The aforesaid securities may be .converted_ to cash on :maturity by the City. Treasurer without further- resolution. -,PASSED by the. City Council and -APPROVED by. the Mayor this 2nd day of August, -1960i, M Y 0 R Attest: City Clerk 'o Ap �o2ed at to For to City Attorney