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RESOLUTION NO.,_z/ 2 <br /> A RESOLUTION authorizing investment of City of <br /> Everett monies in the Local Government <br /> Investment Pool . <br /> WHEREAS, pursuant to Chapter 294, Laws of 1986, a Local <br /> Government Investment Pool in the State Treasury was created <br /> for the deposit of money of a political subdivision for <br /> purposes of investment by the State Treasurer ; and <br /> WHEREAS, the City Council does hereby find that the <br /> deposit of money in the Local Government Investment Pool in <br /> accordance with the provisions of this chapter for the <br /> purposes of investment as stated therein are in the best <br /> interests of the City of Everett; and <br /> WHEREAS, Ordinance 901-82 delegates investment <br /> authority to the City Treasurer. <br /> NOW, THEREFORE, BE IT RESOLVED by the City of Everett : <br /> Section 1 : The City Council does hereby authorize the <br /> deposit and withdrawal of City of Everett monies in the Local <br /> Government Investment Pool in the State Treasury in accordance <br /> with this chapter for the purpose of investment as stated <br /> therein. <br /> Section 2 : The City Treasurer or his designee shall be <br /> authorized to order the deposit or withdrawal of monies in the <br /> Local Government Investment Pool. <br /> M • iA_.:L./"I�� <br /> ' 41111P <br /> Councilman Introducing Resolution <br /> Passed and Approved this //1 da da of Juiv-;!- 1986. <br /> Council President <br />