Resolution No. 728155
RESOLUTION NO. 728
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
AUTHORIZING THE CITY TREASURER AND THE DIRECIDR OF FINANCE
TO INVEST FUNDS OF THE CITY OF CYPRESS AND DESIGNATING THE
CITY OFFICIALS TO SIGN CHECKS
RESOLVED: That the City Treasurer and the Director of Finance of the
City of Cypress are authorized to invest in treasury notes or savings
accounts in a national or state bank insured by the Federal Deposit
Insurance Corporation such funds for the City as are in excess of the needs
of the City for the period or term of such investment or deposit.
FURTHER RESOLVED: That the City Treasurer and the Director of Finance
are authorized and directed to deposit therein the funds of the City as are
necessary to meet the City's current obligations, provided that the checks
drawn on such account are signed by any two of the following City officials:
Mayor, City Treasurer, City Manager, and Finance Director.
PASSED AND ADOPTED by the City Council of the City of Cypress, at a
regular meeting held on the 10th day of October, 1966.
ATTEST:
4,
CITY CLERK OF THE CI OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
SS
12
MAYOR OF THE CITY CYPRESS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY
that the foregoing Resolution was adopted at a regular meeting of the said
City Council held on the 10th day of October, 1966, by the following vote:
AYES: 5 COUNCILMEN: Bowen, Harvey, Kanel, McCarney, and Noe
NOES: 0 COUNCILMEN: None
ABSENT: 0 COUNCILMEN: None
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CITY CLERK OF TH CITY OF CYPRESS