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R1763à *ÔR E S O L U T I O N NO. 1763•ƒ ÁÁ WHEREAS, Section 7.020(3) of the Plan of The Metropolitan St. Louis Sewer District authorizes and directs the Secretary©¬Treasurer to invest, with the approval of the Board of Trustees, funds not immediately needed for the purpose to which said funds are applicable, in any bonds, certificates, or other interest¬ bearing obligations guaranteed as to both principal and interest by the government of the United States and maturing not later than one year from the date of issue. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT, that the Secretary-Treasurer is hereby authorized and directed to invest through any qualified financial institution funds of the District not immediately needed for the purpose to which said funds are applicable, outright or by repurchase agreements, in any bonds, certificates, or other interest©bearing obligations guaranteed as to both principal and interest by the government of the United States and maturing not later than one year from the date of issue, pursuant to Section 7.020(3) of the Plan of The Metropolitan St. Louis Sewer District and the laws of the State of Missouri. The foregoing Resolution was adopted April 9, 1986.