2918 Invest Idle Funds133_'
RESOLUTION NUMBER 2918
JA RESOLUTION AUTHORIZING THE TEMPORARY INVESTMENT OF APPROXIMATELY $1,260,000.00
IOF IDLE FUNDS OF THE CITY OF SALINA, KANSAS.
IBE IT RESOLVED by the Governing Body of the City of Salina, Kansas:
(1.) That the City Clerk of the City of Salina, Kansas is hereby
authorized and directed to temporarily invest approximately $1,260,000.00 of
temporary idle money of the City of Salina, Kansas, -$15,000.00 in each of the
three Building and Loans of Salina, and the balance in direct obligation of the
United States Government. -
That the investment of the above funds shall be in accordance with
Fall the provisions of Ordinance Number 6893 of the City of Salina, Kansas.
Adopted by the Governing Body of the City of Salina, Kansas, and approved
by the Mayor this 30th day of January , 1967.
1
(SEAL)
Attest:
H. E. Peterson
City Clerk
G. N. Waddell
Mayor