3337 Invest Idle Funds1
1
11
RESOLUTION NUMBER 3332
A RESOLUTION AUTHORIZING THE TEMPORARY INVESTMENT OF APPROXIMATELY
$1,270,000.00 OF IDLE FUNDS OF THE CITY OF SALINA, KANSAS.
BE IT RESOLVED by the Governing Body of the _City of Salina, Kansas;
Section 1. That the.City Clerk of the City.of,Salina, Kansas, is
hereby authorlized and.directed to temporarily invest approximately $1,270,000.00
of temporary -idle money of the City of.Salina, Kansas, in Certificates_of
Deposit with, the .banks in Salina.
Section 2. That the -investment of the above funds shall be in
accordance with all provisions of Section 2-188 of the Salina Code.
Adopted by the Governing Body of .the City of Salina, Kansas, and
signed.by the Mayor this 15th day of August, 1977
Keith G. Duckers, Mayor
(SEAL)
Attest:
D. L Harrison,'Cit_y Clerk