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HomeMy WebLinkAbout0708 Resolution1 1 RESOLUTION NO. 708 A RESOLUTION AUTHORIZING THE CITY TREASURER TO SELL U. S. TREASURY BONDS PREVIOUSLY PUR- CHASED FROM THE WATER & SEWER FUND, AND NOW HELD IN SAFE -KEEPING AT THE PEOPLE'S NATIONAL BANK, PASCO, WASHINGTON. THE CITY COUNCIL OF THE CITY OF PASCO DO RESOLVE AS FOLLOWS: Section 1. The City Treasurer is hereby authorized to sell U. S. Treasury Bonds, now held in safe -keeping at the People's National Bank, Pasco, Wash- ington, and numbered as follows: 62,222 219,049 37,724 58,883 for a total of $33 , 680.89 , plus accrued interest to date of sale. These bonds were previously purchased from the Water & Sewer Fund. Section 2. Said sale of U. S. Treasury Bonds has been approved by the Finance Committee of the City of Pasco. Section 3 . Said funds shall be placed in the Water & Sewer Fund of the City of Pasco and shall be used for operating cash. Section 4. This Resolution shall be in full force and effect after its passage as required by law. PASSED by the City Council and APPROVED as provided by law this 4th day of April , 1967. ATTEST: Ruth Modesky, City Clerk Approved as to form: i D. Wayne Ca bell, City ttorney G. E. CARTER, MA OR