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HomeMy WebLinkAboutResolution 2002-01 State Board of Administration RESOLUTION 2002-01 WHEREAS, the City of Winter Springs from time to time has funds on hand in excess of current needs, and WHEREAS, it is in the best interest of the City of Winter Springs and its inhabitants that funds be invested to return the highest yield consistent with proper safeguards, NOW THEREFORE, BE IT RESOLVED AS FOLLOWS: 1. That the City Manager, Finance Director and City Treasurer, as legal representatives of the City of Winter Springs, are hereby authorized to act as the administrators for funds held at the State Board of Administration. 2. Administrators shall have the authority to establish an account on behalf of the City of Winter Springs, withdraw funds from or transmit funds to said account at the State Board of Administration, establish funds transfer instructions, name designee, and initiate changes to this information via the Investment Pool Input Document. 3. That this authorization shall be continuing in nature until revoked by the City of Winter Springs. THIS RESOLUTION INTRODUCED AND ADOPTED by the City Commission at its Regular Meeting on January 28, 2002. City of Winter Springs, Florida Paul P. Partyka, Mayor City of Winter Springs, Florida Attest: Andrea Lorenzo-Luaces, City Clerk City of Winter Springs, Florida