HomeMy WebLinkAboutResolution - 95-06 - Authorization of the Treasurer to Invest City of Eden Prairie Funds - 01/03/1997 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 9 5 — O 6
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 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 on this 3rd day of January 1995.
Jean Harris, Mayor
ATTEST:
a�z' SEAL
Joh rave, City Clerk