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: