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HomeMy Public PortalAbout12-1996-12 RESOLUTION NO. 1996-12 A RESOLUTION AUTHORIZING DISBURSEMENT OF INVESTMENT INCOME - PUTNAM COUNTY FOUNDATION WHEREAS, Greencastle Industrial Development Funds were transferred to the Putnam County Foundation; and WHEREAS, the City of Greencastle is entitled to interest accrued on such funds upon written request; and, WHEREAS, The Greencastle Citizens Advisory Commission for Industrial Development, pursuant to I. C. 36-7-13-6(c), will on June 13, 1996, consider the request for distribution of such funds in support of the City Financial requirements. NOW THEREFORE BE IT RESOLVED, that the Greencastle Common Council by this Resolution, request Disbursement of investment income accrued for the period ending June 30, 1996. BE IT FURTHER RESOLVED, that Certificate of Deposit income accrued through the July-August payment dates be also disbursed to the Industrial Development Fund. PASSED AND RESOLVED by the Common Council of the City of Greencastle at its regular meeting this 11th day of June, 1996. COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA 44a,;‘,42 C, Thomas W. Roach David Masten Curb 4/ / / Z-;f- r,� 11 Mark N. Hammer Barry 13 ynard ie reen Approved and signed by me this 11th day of June, 1996, at. Iso'clock IJ .m. 7ST: Nancy A. Iichael, Mayor 111 Pamela S. Jones, Clerk- asurer gr\b\reso112.96