HomeMy WebLinkAboutCC-12-03-12-02 Authorizing Investment of Certificates of Deposit & Quotes from DepositoriesSPONSOR(S): Councilor(s) Schleif, Sharp and Snyder
RESOLUTION CC- 12- 03 -12 -02
FORMERLY CC- 11- 19 -12 -01
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
CARMEL, INDIANA, AUTHORIZING THE INVESTMENT OF
CERTIFICATES OF DEPOSIT AND QUOTES FROM DEPOSITORIES
IN ACCORDANCE WITH IC 5- 13 -9 -5 AND IC 5- 13 -9 -5.3
WHEREAS, the Carmel Common Council wishes to affirm certain banking procedures and
authorizing acts by the fiscal officer of the City of Carmel; and
WHEREAS, the fiscal officer is hereby authorized to invest public funds in interest bearing
accounts and exemption from security and pledging requirements in accordance with IC 5- 13 -9 -5.3 (a)
(b) and (c).
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel,
Indiana, that:
Section 1. The foregoing Recitals are incorporated herein by this reference.
Section 2. This Resolution shall be in full force and effect from and after its adoption and
signing by the Common Council and the Mayor.
Section 3. This Resolution expires on January 1, 2015.
SO RESOLVED by the Common Council of the City of Carmel, Indiana this 3 day of
�CQ1cv�Q� -QJ� , 2012, by a vote of -7 ayes and nays.
COMMON COUNCIL FOR THE CITY OF CARM
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Presiding fficer
Richard L. Sharp, Pr-;'ident Pro Tempore
onald E. Carter
Diana L. Cordray, IAMC, Cler�'reasurer
Kevin Rider
Carol Schleif
W. Eric Seide sticker
Presented by me to the Mayor of the City of Carmel, Indiana this
c 01-RPh 2012, ata OS- P.M.
L
Diana L. Cordray, IAMC, Clerk -Trea urer
day of
Approved by me, Mayor of the City of Carmel, Indiana, this 1 day of
2012, at j 1= 3S k.M.
ATTEST:
Diana L. Cordray, IAMC, Clerk - Treasurer
Prepared by: Diana L. Cordray
Clerk- Treasurer
City of Carmel
es Brainars, Mayor