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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.