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RESOLUTION NO. 785
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
invest the fol o inw g funds in Savings &.-Loan Associations and in U.S.
Treasury Notes as follows:
FUND AMOUNT DEPOSITORY
Cemetery Trust Fund 5,736.00 Fidelity Savings & Loan
Cemetery Trust Fund 2,264.00 Yakima Federal Savings & Loan
L.I.O. Guaranty'.Fund 500.00 Fidelity'Savings & Loan
Consumer Deposit Fund 1,000.00 Washington'MutuAl Sa-Vings Bank
Water/Sewer Revenue 18,000.00 U.S. Treasury Notes (6 mos.)
Bond Reserves, 1964
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 17 day of June
1969.
ATTES : `.,�
CLIFFORC4 DAIGLiUb DIRECTOR OF ADMINISTRATION
AND EX-_0TTICI0 .CITY CLERK
D. WATNE CA BELL,.0 Y AT RNEY
G.E. CARTER, MAYOR
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POST OFFICE BOX 293 6 TELEPHONE (509) 547-8801 1 PASCO, WASHINGTON 99301
June 17, 1969
TO: The Honorable Mayor & City Council
FROM: Investment Committee
The following investments are recommended as being in the
best interests of the City of Pasco by the Investment
Committee.
FUND
AMOUNT
DEPOSITORY
Cemetery
Trust Fund
5,736.00
Fidelity Savings & Loan
Cemetery
Trust Fund
2,264.00
Yakima Fed. Savings & Loan
L.I.D. Guaranty Fund
500.00
Fidelity Savings & Loan
Consumer
Deposit Fund
1,000.00
Wash. Mutual Savings Bank
W/S Rev.
Bond Res. '64
18,000.00
U.S. Treasury Notes (6 mos.)