HomeMy WebLinkAboutResolution - 94-05 - Authorizing Treasurer to Invest City of Eden Prairie Funds - 01/04/1994 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 9 4 — 0 5
A RESOLUTION AUTHORIZING THE TREASURER TO INVEST
CITY OF EDEN PRAIRIE FUNDS
BE IT RESOLVED, by the City Council of the City of Eden Prairie, County of Hennepin,
that the City 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 Govememtn Agency Bonds and Notes, Savings 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 on this y of January 1 94.
Ddfiglas B. Ten as, Mayor
ATTEST:
btz�L SEAL
Joh Frane, City Clerk