HomeMy WebLinkAboutCC-08-21-89-01 Invest Fnd/CTRESOLUTION NO. 8-11-89-t
RESOLUTION AUTHORIZING THE CLERK-TREASURER
TO COMBINE FUNDS FOR INVESTMENT PURPOSES.
WHEREAS, the City of Carmel, by and through its Clerk-
Treasurer, maintains numerous accounts in which funds of various
denominations are maintained; and
W~EREAS, I.C. 5-13-9-1, et seq., permits the office of the
Clerk-Treasurer to combine these various funds for investment
purposes, under the guidelines established by the State Board of
Accounts; and
WAHEN~EAS, it is in the best interests of the citizens of the
City of carmel, Indiana that the various City accounts be
combined for investment purposes;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the
City of Carmel, Indiana, that the various funds maintained by the
City of Carmel by and through its Clerk-Treasurer shall be
combined and the Clerk-Treasurer is hereby authorized to invest
said iunds, pursuant to the guidelines established by the Indiana
State Board of Accounts.
ALL OF WHICH IS RESOLVED THIS ~/ DAY OF AUGUST, 1989.
COM~4ON COUNCIL FOR TIlE CITY OF
CARM~Lt INDIANA
DOROTHY ~ANCOCK
.T.~x~DSTATION:
/su AN ONES //
Clerk TreaSurer