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HomeMy WebLinkAbout0785 Resolution1 1 � T.• 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 1 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.)