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HomeMy WebLinkAboutEPURA RESOLUTION 2270RESOLUTIONNO.227ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYREGARDINGINVESTMENTOFFUNDSWHEREAS,theEstesParkUrbanRenewalAuthorityreceivesfundsfromtheBondTrusteeandothersources;andWHEREAS,itisthedutyoftheExecutiveDirectortodepositsaidfundspursuanttolaw;andWHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasdeterminedthatitisinthebestinterestoftheAuthoritythattheExecutiveDirectorbeauthorizedtoinvestanddepositfundsaccordingtotheauthoritygrantedbythisresolution.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheExecutiveDirectorincoordinationwiththeTownTreasurerisauthorizedtodepositfundsandmoniesasfollows:1.Instatebanksand/ornationalbankshavingtheirprincipalofficeinColorado.2.IndirectobligationsoftheUnitedStatesgovernment.3.AllinvestmentsbeheldinthenameoftheAuthority.ADOPTEDthis15thdayofFebruary1995.ESTESPARKURBANRENEWALAUTHORITYATTEST: