HomeMy WebLinkAboutResolution 86-03 (Amending Reso 86-02)
I
RESOLUTION NUMBER 86-3
city of Ocoee, Florida
WHEREAS, the
Commissioners believes
of the Citizens and
interest out of monies
Ocoee City Board of
it is in the best interest
the City to get the most
invested by the City; and,
WHEREAS, the City Charter grants the
authority to the Commission to make such
investments as it believes are in the best interest
of the City, and therefore necessarily allows the
Commission the perogative of delegating this
authority, when said delegation makes the aforesaid
investments more efficient and timely;
NOW, THEREFORE BE IT RESOLVED BY THE OCOEE CITY
BOARD OF COMMISSIONERS
Resolution Number 86-2 is hereby amended to
allow the investment of two particular $100,000.00
Certificates of Deposit that were previously
invested in the Sun Bank and the Tucker State Bank
to be reinvested into any financial institution
that is formally authorized as a State Approved
Depository for Public Funds, as identified on the
list prepared by the State Treasurer of the State
of Florida.
DONE AND RESOLVED THIS 4th day of March, 1986.
City of Ocoee, Florida
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ATTEJ1: \ MAYOR
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CITY CLERK