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C <br />RESOLUTION NO. 77-2 <br />WHEREAS, the Board of County Commissioners of Indian <br />River County acting as the Board of Supervisors of the Laurelwood <br />Street Lighting District from time to time have excess funds, and <br />WHEREAS, good business practice requires these funds be <br />invested in appropriate interest bearing instruments; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS <br />OF THE LAURELWOOD SUBDIVISION STREET LIGHTING DISTRICT, that William C. <br />Wodtke, Jr., Chairman, and/or Sharon R. Keen, Cashier, acting as his <br />deputy, is authorized to open, make deposits in and withdrawals from <br />passbook savings accounts of said District and to purchase and sell <br />time deposits and U.S. Government securities for said District. <br />Said Resolution shall become effective as of the 2nd <br />day of November, 1977. <br />BOARD OF SUPERVISORS <br />LAURELWOOD STREET LIGHTING DISTRICT <br />B y <br />William C. Wodtk , Jr., <br />Chairman <br />Attest: <br />FREDA WRIGHT, Cler of Courts <br />NO 2 1977 , <br />BOOR 01 PAGE 425 <br />