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1992 036 Resolution
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1992 036 Resolution
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Last modified
11/19/2018 4:02:40 PM
Creation date
8/27/2018 10:28:32 AM
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Template:
Legislation-Meeting Minutes
Document Type
Resolution
Number
036
Date
9/21/1992
Year
1992
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shall determine, deposit with, transfer or cause to be deposited <br />with or transferred to or to the order or account or accounts of <br />the County, public moneys of the Municipality that are available <br />for investment under the S.A.F.E. Program and the terms and <br />conditions of this Agreement. The procedures for such deposits and <br />transfers of money are set forth in Exhibit B hereto and are made a <br />part hereof. The County Treasurer will give Notice to the <br />Municipality of any changes in those procedures not less than 30 <br />days before those changes become effective. The Investment Officer <br />by making such deposit or transfer shall be regarded in each such <br />case as representing that the money so deposited or transferred is <br />eligible and available for investment under this Agreement, and the <br />County Treasurer shall have no responsibility to investigate or <br />inquire as to such eligibility or availability. The Municipality <br />further agrees that its public moneys so deposited or transferred <br />may be combined with those of other participants in the S.A.F.E. <br />Investment Program for purposes of investment, provided that the <br />County Treasurer shall at all times maintain complete and accurate <br />records of all such deposits and transfers of the securities in <br />which those moneys are invested, the investment return thereon and <br />the amounts owing to the Municipality and to the County under this <br />Agreement, and those records shall be available for inspection by <br />the Investment Officer or his authorized representatives at any <br />time during regular business hours at the office of the County <br />Treasurer. <br />-5-
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