HomeMy WebLinkAboutResolution - 96-06 - Authorization of Treasurer to Invest City of Eden Prairie Funds - 01/02/1996 CITY OF EDEN PRAIRM
BENNEPIN COUNTY,NIINNESOTA
RESOLUTION NO. 9 6 _ 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 2nd day of uary 1996.
y� —
Je Harris,Mayor
ATTEST:
'a� SEAL
Jo ,City Clerk