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HomeMy WebLinkAbout2124RESOLUTION NO. 2124 A RESOLUTION authorizing Investment of the City of Bremerton Monies in the Local Govern- ment Investment Pool. WHEREAS, pursuant to Chapter 294, Laws of 1986, a Local Govern- ment Investment Pool in the State Treasury was created for the deposit of money of a political subdivision for purposes of investment by the State Treasurer; and, WHEREAS, the City of Bremerton does hereby find that the deposit and withdrawal of money in the Local Government Investment Pool in accor- dance with the provisions of this chapter for the purposes of investment as stated therein are in the best interests of the City of Bremerton; and, WHEREAS, we attest by our signatures that we have been duly authorized and endpowered to enter into this agreement, NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Bremerton does hereby authorize the deposit and withdrawal of City of Bremerton monies in the Local Coverrrnent Investment Pool in the State Treasury in accordance with this chapter for the purpose of investment as stated therein. BE IT FURTHER RESOLVED that pursuant to the attached form the following City of Bremerton Officers shall be authorized to order the deposit or withdrawal of monies in the Local Government Investment Pool: Richard E. Hanna, City Treasurer Catherine A. Johnson, Assistant City Treasurer PASSED AND ADOPTED BY the City Council of the City of Bremerton, State of Washington on the 2nd day of July, 1986. GENE LOBE, MAYOR CITY OF BREMERTON ATTEST: KATHLEEN L. McCLUSKEY, City Clerk Director of Administrative Services