HomeMy WebLinkAboutResolution - 79-02 - Authorization to Invest City Funds - RESOLUTION NO. 79-02
CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
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 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 other security authorized by lave. The City Treasurer shall
secure and maintain adequate security for funds deposited .
ADOPTED by the City Council on this 2nd day of January, 1979.
s
4!fqa H� Penzel , Mayor
ATTEST: SEAL
John,. Frane-;T'C1 erk