HomeMy WebLinkAbout0504 ResolutionRESOLUTION NO.
A RESOLUTION AUTHORIZING INVESTMENT OF FUNDS IN THE
-YAKIMA FEDERAL. SAVINGS'`& LOAN.ASSOCIATION AND`FIDELITY
SAVING'S & LOAN ASSOCIATION
THE CITY,'COUNCIL OF THE CITY OF PASCO DO RESOLVE
AS FOLLOWS:
Sec: 1. The City Treasurer is hereby authorized to invest monies
from the following.funds in "separate accounts at Yakima Federal
Savings & Loan Association: Cemetery .Trust Fund, $400; Consumer's
Deposits Fund, $2,00,0-)- Library Construction_ and Acquisition Fund,
$10, 00o; L. I. D..Giiarantee Fund, $2, 000; Municipal Airport' Bond
Reserve Fund, $900; Water -Sewer Bond Reserve Fund, 1951' $4, 000;
Water Fund; .$10; 000;
Sec.- 2. The City Treasurer is hereby' authorized to invest monies
from the following -funds in separate'accounts at Fidelity Savings &
Loan Association: Library Construction and. Acquisition Fund,
$;)0, 00,0; Water Fund, $.10, 000.
Sec. 3. This investment has been approved by the Finance Committee
of the City of Pasco:
PASSED by the City Council and'APPROVED by the Mayor
this 6th day of -March, 1962.
�� MAYOR
ATTEST:
City Clerk J
App e, as to form:
City Attorney'