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Home My WebLink AboutRESOLUTION 21-19RESOLUTION21-19ARESOLUTIONAUTHORIZINGPARTICIPATIONINTHECOLORADOSTATEWIDEINVESTMENTPOOLWHEREAS,theTownofEstesPark(“Participant”)desirestojoinwithotherLocalGovernmentstopooifundsforinvestment;andWHEREAS,pursuanttoArticle24,Part7,(C.R.S.),itislawfulforanyLocalGovernmenttopoolanymoneysinitstreasury,whicharenotimmediatelyrequiredtobedisbursed,withthesamesuchmoneysinthetreasuryofanyotherLocalGovernmentinordertotakeadvantageofshort-terminvestmentsandmaximizenetinterestearnings;andWHEREAS,theTrustisastatutorytrustformedunderthelawsoftheStateofColoradoinaccordancewiththeprovisionsofParts6and7,Article24andArticles10.5and47ofTitle11oftheColoradoRevisedStatutesregardingtheinvesting,poolingforinvestmentandprotectionofpublicfunds;NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:TheTownofEstesParkherebyapprovesandadopts,andtherebyjoinsasaParticipantwithotherLocalGovernmentspursuanttoTitle24,Article75,Part7oftheColoradoRevisedStatutes,thatcertainIndentureofTrustentitledtheColoradoStatewideInvestmentPoolasamendedfromtimetotime,thetermsofwhichareincorporatedhereinbythisreferenceandacopyofwhichshallbefiledwiththeminutesofthemeetingatwhichthisResolutionwasadopted.DATEDthis______dayof__________,2019.TOWNOFESTESPARKNLAr-MayorI’ATTEST:Tow3lerk