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HomeMy WebLinkAboutEPURA RESOLUTION 229ccThisResolutionsupersedesResolutionNo.227RESOLUTIONNO.229ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYREGARDINGINVESTMENTOFFUNDSWHEREAS,theEstesParkUrbanRenewalAuthorityreceivesfundsfromtheBondTrusteeandothersources;andWHEREAS,itisthedutyoftheExecutiveDirectortodepositsaidfundspursuanttolaw;andWHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasdeterminedthatitisinthebestinterestoftheAuthoritythattheExecutiveDirectorbeauthorizedtoinvestanddepositfundsaccordingtotheauthoritygrantedbythisresolution.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheExecutiveDirectorincoordinationwiththeTownTreasurerisauthorizedtodepositfundsandmoniesasfollows:1.Instatebanksand/ornationalbankshavingtheirprincipalofficeinColorado.AccountsinAuthorityname.2.IndirectobligationsoftheUnitedStatesgovernment.HeldinthenameoftheAuthority.3.Colotrust,CSAFE,ColoradoDiversifiedTrustorotherinvestmentpooisauthorizedtoconductbusinessintheStateofColorado.Securitiesheldininvestmentpool’sname.ADOPTEDthis15thdayofMarch1995.ESTESPARKURBANRENEWALAUTHORITYChairmanJ““ATTEST: