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HomeMy WebLinkAbout0765 ResolutionRESOLUTION NO. 765 A RESOLUTION AUTHORIZING THE CITY TREASURER TO MAKE CERTAIN INVESTMENTS, AS PROVIDED FOR HEREIN, THE CITY COUNCIL OF THE CITY OF PASCO DO RESOLVE AS FOLLOWS: Section 1. The City Treasurer is hereby authorized and directed to make e following investments: FUND DEPOSITORY TIME AMOUNT Urban Renewal Fund U.S. Treasury Notes 90 -Days 859,000 Urban Renewal Fund U.S. Treasury Notes 60 -Days 40,000 Urban Renewal Fund U.S.-Treasury Notes 20 -Days 40,000 Section 2. The foregoing investments have been approved by the Investment ommi ee of the City of Pasco . Section 3. 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 21,st day -of January, 1969. • •LAKILK9 MAYUK ATT GEORGE , EX-OFFIC CITY CLERK APPROVED AS TO FORM: POST OFFICE BOX 293 1 TELEPHONE (509) 547-8801 1. PASCO, WASHINGTON 99301 January 21, 1969 1 Honorable Mayor & City Council City Hall Pasco, Washington Gentlemen: The Investment Comm4•ttee of the City of Pasco hereby recommends the following Investments be made in the Ues't interests of the City of f Pasco. FUND DEPOSITORY TIME AMOUNT Urban Renewal Fund Urban Renewal Fund Urban Renewal Fund 1 U.S. Treasury Notes U.S. Treasury Notes U.S. Treasury Notes 90 -Days 85,000 60 -Days 40,000 20 -Days 40,000