RESOLUTION NO. 7089
WHEREAS, the undersigned is a municipality, as defined in K.S.A.
12-1675, as amended,
(the
“Participant”) and
from time to
time has
funds on hand in excess
of current needs,
and
WHEREAS, it is the best interest of the Participant
and its inhabitants to invest funds in investments
that yield a favorable rate of return while providing
the necessary
liquidity and protection of the
principal; and
WHEREAS, the Pooled Money Investment Board (the “PMIB”), operates the Municipal Investment Pool (MIP), a public funds investment pool, pursuant to Chapter 254 of the
1996 Session Laws of Kansas,
and amendments thereto
NOW THEREFORE, be
it resolved as follows:
1.
The municipality designated below approves the establishment
of an account in its name
in the MIP for the purpose of transmitting
funds for investment, subject to the MIP Participation
Policy adopted by the Pooled Money Investment Board, and municipality acknowledges it has received a current copy of such Participation
Policy. The Participant’s taxpayer identification
number
assigned
by
the Internal Revenue Service is 48-6033520 .
2
The following individuals,
whose signatures appear
directly below, are
officers or
employees of the Participant and are each hereby authorized to transfer funds for investment in the MIP and are each authorized to withdraw funds from time to time, to issue letters of instruction, and to take all other actions deemed necessary or appropriate for
the investment
of funds:
List officers
or employees
authorized to execute
documents
and make deposits
and withdrawals:
Name Mark
Heim Title
Assistant Finance Director
Signature
Name
Casey Toomay Title Assistant City Manager
Signature
Name
Title
Signature
3. Notice required
by
the PMIB’s Municipal Investment
Pool Participant Policy shall be provided
to:
Contact Person
Mark Heim
Address PO
Box 708
,Kansas
(City) (Zip)
Telephone
Fax No.
4. This Resolution and its authorization shall continue in full force and effect until amended or
revoked by the Participant and until the PMIB receives a copy of any such amendment or revocation, the PMIB is
entitled to rely on
same.
This resolution is hereby introduced and adopted by
the Participant at its regular/special meeting
held on day of
, 2014.
City of Lawrence, Kansas
Name of Participant ATTEST
