HomeMy WebLinkAboutResolution - 90-5 - Authorizing Treasurer to Invest City of Eden Prairie Funds - 01/01/1990 CITY CF EBEN FIRAIRIE
F84\EPIN COUNTY, MINNESOTA
FESUL.UTI(3N NO. 90-05
A FESOLUTION AUTHORIZING THE TFEPSURER TO INVEST
CITY OF-" ET q PRAIRIE FUNDS
r+-- IT FEWI -LVEDy by the City Council of the City of Eden Prairiep
Ckxu-ity of Hennepin, that the city Treasurer is authorized to invest City
of Edf..%n Prairie funds with any bank, or other financial institution
authorized to do business in the State of Minnesota in Certificates of
Deposit, U.S. Boveri-iment Notes and Billsy obligations of the state of
Minnesota or any of its subdivisions., Federal Government Agency Bonds
and Motes, Savings Accounts and Repurchase Agreements and any other
security authorized by law. The City Treasurer shall maintain adequate
collateral for funds deposited.
• NXPTED by the City Council an this 2nd day of Januaryp 1990.
-4�_rl/ D1.9zreteWz �,,-Mayor
14"1 1 T'--9 T
SEAL
John ep City Clerk