HomeMy WebLinkAbout569 RESOLUTION 569
WKEREAN~ the City Treasurer presently has on
deposit in the Manatte Sewer Acquisition Bond Redemption
Fund cash in excess of $5,000.00, and
deemed
WHEREAS it is d~ advisable at this time to
invest said cash in securities allowed by law for such
inve s tment s,
BE IT RESOLVED by the City Council of the City of
Bremerton that the City Treasurer be and he is hereby
authorized to invest in U.S. Treasury Bonds bearing 2~%
interest the s~ of $5,000.00, and
BE IT FURTHER RESOLVED that there is hereby established
a Manette Sewer Reserve Investment Fund.
PASSED by the City Council of the City of Bremerton,
signed by the Mayor and attested by the City Clerk in auth-
entication of such passage, this 1st day of March, 1947e
ATTEST: