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HomeMy WebLinkAboutResolution No. 029CITY OF MM93MA, WASHINGTON RMSOL$YiOil M0, .I I A RBSOLBTIOM aathorlsiag investments in the Bastside Savings do Loan and Lincoln First Federal Savings r Loan Associations. SAs, that city is authorised by law to invest city monk; Inactive funds, or in excess of its current needs in savings and loan associations, (RO." 33-52.010)► and SMM'ii U3, alas Eastsids Savings & Loss and Linasln First Federal Savings h Loan Assooiations maintain convenient offices, and such investments are insured up to Ton Thousand Dollars (t10,000.00) in amount with an agency acting under and pursuant to the laws of the United states, "et thoselors, TMS CITY C09MCIL CP TSB CITY OF MBDM DOSS R13OLVB AS FOLLOWSt Nation 1. The 0ity Treassrer, or other person to sbem his responsibility may be delegated, is hereby instrasted to invest the following snmeI (a) ",000,00 of eaah sarrr�over funds in the ftstaido Savings and Loan Assasiationi and (b) 04,000,00 of park farad /8 in the Lincoln First Federal Savings 6 Lean Association. THIS RS80L mou adopted this 8 day of , 1959. ij pj':� MAYOR I ATTSsti STATE OF WASHINGTON) COUNTY OF KING )ss C E R T I F I C A T E I, the undersigned, MARY M. FITZGERALD, being the duly appointed, qualified and acting Clerk of the City of Medina, Washington, do hereby certify that the at- tached and foregoing Resolution No. ct of the City of Medina was duly passed by the City ouncil on the p_aay of a �,, �_ 195 ; and I further certify that said Resolution No. has not been amended or repealed and the same, as of date hereof, is in full force and effect. \ IN WITNESS WHEREOF I have hereunto subscribed my l name and affixed the official seal of the Town of Medina, Washington, this day of 1 e.�, 1951. C (SEAL)