HomeMy WebLinkAbout5469 - MINUTE ORDERS - 11/16/1994 MINUTE ORDER NO. 5469
AUTHORIZING THE CITY TREASURER TO '
INVEST$1,136,761 OF THE CERTIFICATES
OF PARTICIPATION, MUNICIPAL GOLF
COURSE EXPANSION 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
$1,136,761 of the Certificates of Participation, Municipal Golf Course Expansion 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 l6th
clay of November, 1994.
i
UDITH SUMICH
City Clerk
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