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HomeMy WebLinkAboutResolution-1978-0573 Introduced by Councilperson DONALDSON RESOLUTION NO. 573 Series of 1978 WHEREAS, it is deemed necessary to reinvest funds of the Capital Improvements Fund, NOW, THEREFORE, BE IT RESOLVED that the City Treasurer be authorized to purchase a $ 100,000 (One Hundred Thousand Dollars) Certificate of Deposit at BANK OF APPLEWOOD to bear interest at the rate of 7 . 25~! per annum for a period of ninety-one (91) days. DONE AND RESOLVED this 24th day of April, A.D. 1978, by a vote of 5 to o ~v~~ OLIVER V. PHILLIPS ~ MAYOR ATTEST: