HomeMy WebLinkAboutResolution-1978-0601
Introduced by Councilperson
DONALDSON
RESOLUTION NO. 601
Series of 1978
TITLE: RESOLUTION TO REINVEST FUNDS OF THE GF.NEPJlL FUND
WHEREAS, it lS deemed necessary t.O reinvest funds of the
City General Fund,
NOW, THEREFORE, BE IT RESOLVED that the City Treasurer
be authorized to purchase a $300,000.00 (Three Hundred Thousand and
no/100 Dollars) Certificate of Deposit at Jefferson Bank and crust
to bear interest at the rate of
8 . 2 7 /~
per annum for a period of
91
days.
DONE AND RESOLVED this 28th day of August, A.D., 1978, by
a vote of
5
to
o
~~~~~
OLIVER V. PHILLIPS, ~~YOR
ATTEST:
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CAROL F. HAMPF, CITY CLE /