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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: