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