HomeMy WebLinkAbout5468 - MINUTE ORDERS - 11/16/1994 MINUTE ORDER NO. 5468
AUTHORIZING THE CITY TREASURER TO
INVEST $1,207,600 OF THE SERIES 1992
AIRPORT REVENUE BONDS RESERVE
FUND IN A LONG TERM INVESTMENT
AGREEMENT WITH THE HIGH BID
RECEIVED IN RESPONSE TO THE
REQUEST FOR BID PREPARED BY FUND
SERVICES ASSOCIATES, INC. (FSA), AND
REVIEWED BY THE BOND COUNSEL,
TRUSTEE AND BOND INSURANCE
COMPANY (IF ANY).
I HEREBY CERTIFY that this Minute Order, authorizing the City Treasurer to invest
$1,207,600 of the Series 1992 Airport Revenue Bonds reserve fund in a long term
investment agreement with the high bid received in response to the request for bid
prepared by Fund Services Associates, Inc. (FSA), and reviewed by the bond counsel,
trustee and bond insurance company (if any), was adopted by the City Council of the
City of Palm Springs, California, in a meeting thereof held on the 16th day of
November, 1994.
J JUDITH SUMICH
City Clerk