399 LGIP Authorization
CITY OF YELM
'RESOLUTION NO. 399
A RESOLUTION AUTHORIZING INVESTMENT OF CITY OF YELM
MONIES IN THE LOCAL GOVERNMENT INVESTMENT POOL.
WHEREAS, pursuant to Chapter 294, Laws of 1986, a Local Government 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 Yelm City Council does hereby find that the deposit and withdra\va1 of
money in the Local Government Investment Pool in accordance with the provisions of
this chapter for the purposes of investment as stated therein are in the best interest of the
City of Yelm; and
WHEREAS, we attest by our signature that we have been duly authorized and
empowered to enter into this agreement.
NOW THEREFORE, BE IT RESOLVED THAT THE YELM CITY COUNCIL does
hereby authorize the deposit and withdrawal of City of Yelm monies in the Local
Government Investment Pool in the State Treasury in accordance with this chaptt~r for the
purpose of investment as stated therein.
BE IT FURTHER RESOLVED that pursuant to the attached form the following city of
Yelm officers shall be authorized to order the deposit or withdrawal of monies in the
Local Government Investment Pool.
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~IIY A. B"Ifer, City A minisþtor
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Agn6 P. Bennick, City Clerk-Treasurer
PASSED AND ADOPTED by the City Council of the City ofYelm, State of'vVashington
on this 26th day of April, 2000.
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Kathryn M. Wolf, Mayor t/"
Attest:
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Ag~ P. Bennick, City Clerk