HomeMy WebLinkAboutResolution - 78-5 - Authorizing the Treasurer to Invest City Funds - 01/03/1978 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 78-05
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 chartered to do business in
the State of Minnesota in Certificates of Deposits, U.S. Government
Notes and Bills, obligations of the State of Minnesota or any of its
subdivisions, Federal Government Agency Bonds and Notes, Savings
Accounts and Repurchase Agreements and any security authorized by law.
The City Treasurer shall secure and maintain adequate security for
funds deposited.
• ADOPTED by the City Council on this 3rd day of January, 1978.
W fg H. Penzel, Mayor
SEAL
ATTEST:
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Jo D. Fjalfe, Clerk