Resolution 290-1982 RESOLUTION NO. 290 -1982
RESOLUTION AUTHORIZING THE CLERK OF THE BOARD OF
COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA,
TO INVEST FUNDS ON HAND IN EXCESS OF CURRENT NEEDS
TO RETURN THE HIGHEST YIELD CONSISTENT WITH PROPER
SAFEGUARDS.
WHEREAS , the Monroe County Board of County Commissioners from
time to time has funds on hand in excess of current needs , and
WHEREAS , it is in the best interest of Monroe County and its
inhabitants that funds be invested to return the highest yield con-
sistent with proper safeguards , now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA, as follows :
1. That the Clerk to the Board of County Commissioners of
Monroe County, Florida, be and he is hereby authorized to transmit
such funds to the State Board of Administration to be invested
according to applicable laws of the State of Florida consistent
with the needs of Monroe County. Such authorization includes
authority to withdraw funds from State Board of Administration by
giving timely notice and confirmation by letter .
2 . That this authorization shall be continuing in nature
until revoked by the Board of County Commissioners of Monroe County,
Florida.
THIS RESOLUTION INTRODUCED AND ADOPTED by the Board of County
Commissioners of Monroe County, Florida, at a regular meeting of
said Board held on the 16th day of November, A.D. 1982 .
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
- - BY ()_.&-t/L.,(/
/Ma*fe.-4/.4>/
Chairma.9 1
(Seal) (
Attest :
Clerk
APPROVED AS TO FORM
AND L` 4,11,SUFFICIENCY 'r
6Yzap++wmc.—