HomeMy WebLinkAboutResolution-1979-0633
Introduced by Councilmember
DONALDSON
RESOLUTI ON I\JO.
633
Series of 1979
TITLE: RESOLUTION TO REINVEST FUNDS OF THE GENERAL FUND
WHEREAS, it is deemed necessary to reinvest funds
of the City General Fund,
NOW, THEREFORE, BE IT RESOLVED that the City
Treu5urer be authorized to purchase a $300,000.00 (Three
:Iundreo Thousand and I'Jo/lOO Dollars) Certificate of Deposit
c;t
LAKESIDE NATIONAL BANK
to bear interest at
the rate of 10,77
per annum for a period of 182 days.
DONE AND RESOLVED this 12th day of March, A.D.,
1979, by a vote of
5
to 0
~~~.
OLIVER V. PHILLI S, AY'~
ATfEST:
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U\KOl F.