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HomeMy WebLinkAboutRes 1994-40•RESOLUTION NO.1994-40 A RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE TOWN OF FOUNTAIN HILLS,ARIZONA,AUTHORIZING INVESTMENT MONIES IN THE LOCAL GOVERNMENT INVESTMENT POOL OPERATED BY THE STATE TREASURER. WHEREAS,local governments in Arizona are authorized to participate in a Local Government Investment Pool (LGIP),established pursuant to section 35-326,Arizona Revised Statutes, and operated by the State Treasurer; and WHEREAS,the Town of Fountain Hillsdesires to participate in the Local Government Investment Pool; NOW,THEREFORE,BE IT RESOLVED that the Town Council of Fountain Hills does hereby authorize the deposit and withdrawal of monies in theLocal Government Investment Pool operated by the State Treasurer in accordance with section 35-326, Arizona Revised Statutes. PASSED AND ADOPTED this 1stdayof September,1994,by the Mayor and Common Council of the Town of Fountain Hills, Arizona. ATTEST: Cassie B.Hansen,Town Clerk APPROVED AS TO FORM: William E. Farrell, Attorney REVIEWED BY: Paul L. Nordin, Town Manager itillo,Mayor