Resolution 2434 - Invests Certain FundsA RESOLUTION INVESTING CERTAIN FUNDS
WHEREAS, there now remains In the SEWR-14ATER REVENUE BOND RESERVE ACCOUNT, the
sum of $2,899.75, for which there is no immediate need, and,
WHEREAS, it is In the best interest of the City of Kalispell that such funds be
Invested in interest bearing obligations,
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPFLL,
MONTANA� that the balance in the SEWER -WATER REVENUE BOND RESERVE ACCOUNT In
the sum of $2,899.75 be transferred by the City Treasurer to a Time Certificate
of deposit for a six months period, and renewed at expiration for additional
six months periods, until these funds art needed for retirement of Revenue
Bonds of 1959.
Howard V. Hamner
Mayor
ATTEST H. J. Hunt
City Clerk
I� the undersigned, City Clerk of the City of Kalispell hereby certify that the
foregoing is a true and correct copy of the resolution duly passed by the City
Council of the City of Kalispell, Montana, at its regular meeting on April 4, 1961.
City Clerk of the Ci�y of Kalispell, Montana