HomeMy WebLinkAboutResolution-1972-0177
Introduced by Alderman Joseph Donaldson
RESOLUTION NO. 177
Series of 1972
WHEREAS, it is deemed necessary to invest funds from
the City General Fund,
NOW, THEREFORE, BE IT RESOLVED THAT: The City
TrBasurer be authorized to purchase a Certificate of Deposit
in the amount of:
~noo, 000.00
from
WhBat Ridge National
Bank
(One Hundred Thousand and
no/lOO Dollars)
for a ninety (90) day term with an interBst rate of five and
one-quarter percent (5-1/4%) per annum.
DONE AND RESOLVED this 20th day of July
A.D., 1972, by a vote of 5 to 0
c{j(
MAYOR
ATTEST: :
~71p-?~
Louise F. Turner
City Clerk