HomeMy WebLinkAbout0770 ResolutionRESOLUTION NO. 770
A RESOLUTION AUTHORIZING THE CITY TREASURER TO MAKE CERTAIN INVESTMENTS
PROVIDED HEREIN..
THE CITY COUNCIL OF THE CITY OF PASCO DO RESOLVE AS FOLLOWS:
Section 1. The City Treasurer is hereby authorized and directed to reinvest the
lowing funs by removing them from Savings & Loan Associations and investing them in
Treasury Notes as follows:
FUND WITHDRAWAL DEPOSITORY TIME AMOUNT
Pension Fund Yak Fed SNL U.S. Treasury Notes 1 Year 15,000,00
Pension Fund Fidelity SNL U.S. Treasury Notes 1 Year 15,000.00
Pension Fund Wash Mut SNL U.S. Treasury Notes 1 Year 1.5,000.00
Pension Fund Pacific lst Fed U.S. Treasury Notes 1 Year 10,000.00
Pension Fund Commerce SNL U.S. Treasury Notes 1 Year 15,000.00
Pension Fund Guaranty SNL U.S. Treasury Notes 1 Year 15,000.00
Pension Fund Home Fed SNL U.S. Treasury Notes 1 Year 15,000.00
Pension Fund Great Western U.S. Treasury Notes 1 Year 15,000.00
Pension Fund Cascade SNL U.S. Treasury Notes 1 Year 15,000.00
Section 2. The foregoing investments have been approved by the Investment Committee
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 this 1st day of April, 1969.
G.E. CARTER, MAYOR
ATTEST: //� LP
UL%JUL U. LllJ1 'i n, a, a u.v.
AND EX-OFFICT CITY CLERK
APPROVED AS TO FORM:
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