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d - C�t� o� ORONO , �� � <br /> • . <br /> � RESOLUTION OF THE CITY COUNCIL <br /> � NO. 1464 <br /> � - <br /> • � • • ' <br /> � A RESOLUTION TO ESTABLISH A <br /> POOLED INVESTMENT TRUST FUND , <br /> BE IT RESOLVED that the Pooled Investment Trust fund is <br /> hereby established for the purpose of investing idle monies of the <br /> various City funds. Interest earned on invested monies is .to be <br /> credited based on the ending monthly cash balance of those funds havinq <br /> positive cash balances. . , - <br /> Adopted by the City Council of the City of Orono, Minnesota, <br /> at a regular meeting held February 28, 1983. � <br /> • . utler, Mayor <br /> - Thomas Frahm, Acting Mayor <br /> � At t e s t: ��"�,r/�,� G�j,_ /1��,,,J <br /> Alberta M. Strom, City Clerk <br /> . <br /> ' - . <br /> � ' <br />