HomeMy Public PortalAboutR0064 R E S O L U T I O N NO. 64
WHEREAS, the Executive Director has found that the sum
of One Million Five Hundred Thousand Dollars ($1,500,000.00), out
of the proceeds of the sale of the Maline Creek Trunk Subdistrict
Bonds will not be needed for the purpose to which said funds are
applicable prior to the first of September, 1956, and the
Secretary-Treasurer has recommended that said sum be invested in
United States Treasury Ninety-One Day Bills.
NOW, THEREFORE, BE IT RESOLVED that the Board of
Trustees hereby approves the investment of the sum of One Million
Five Hundred Thousand Dollars ($1,500,000.00), in United States
Government Treasury Bills, maturing on or before the first of
September, 1956.
The foregoing Resolution was adopted May 21, 1956.