HomeMy WebLinkAboutResolution - 80-2 - Authorizing the Treasurer to Invest City Funds - 01/08/1980 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 80-02
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, Savings
Accounts and Repurchase Agreements and any other security authorized by
law. The City Treasurer shall secure and maintain adequate security for
funds deposited.
ADOPTED by the City Council on this 8th day of January, 1980.
v
W gang P nzel , Mayor
ATTEST: SEAL
J h F , Clerk