HomeMy WebLinkAboutResolution - 2002-04 - Authorizing the Treasurer or Deputy Treasurer to Invest City of Eden Prairie Funds - 01/08/2002 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,1tHNNESOTA
RESOLUTION NO. 2002-04
A RESOLUTION AUTHORIZING THE TREASURER OR DEPUTY TREASURER TO
INVEST CITY OF EDEN PRAIRTF;FUNDS
BE IT RESOLVED,by the City Council of the City of Eden Prairie, County of
Hennepin,that the City Treasurer or Deputy Treasurer is authorized to invest City of Eden Prairie
funds with any bank, or other financial institution authorized to do business in the State of
Minnesota in Certificates of Deposit,U.S. Government Notes and Bills, obligations of the State
of Minnesota or any of its subdivisions,Federal Government Agency Bonds and Notes, Saving
Accounts and Repurchase Agreements and any other security authorized by law. The City
Treasurer shall maintain adequate collateral for funds deposited.
ADOPTED by the City Council of the City of Eden Prairie on this Sth day of January,
2002.
*ancyra- ke ayor
ATTEST:
K hleen Porta, City Clerk