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Board of County Commissioners which, in reasonable <br />contemplation, will not be needed for the purposes intended <br />within a reasonable time from the date of such investment. <br />Surplus funds shall not include any funds subject to any <br />contract or agreement on the date of enactment of this <br />resolution; such funds shall not be invested contrary to <br />such contract or agreement. <br />2. The Board of County Commissioners of Indian River <br />County hereby authorizes the investment of surplus funds In <br />the control or possession of the Clerk to the Board of <br />County Commissioners In those investments authorized by <br />Florida Statues §125.31, as may be amended from time to <br />time. <br />3. This authorization shall be continuing In nature <br />until revoked by the Indian River County Board of County <br />Commissioners. <br />4. This resolution replaces any conflicting prior <br />resolutions adopted by the Indian River County Board of <br />County Commissioners. <br />The resolution was moved for adoption by Commissioner <br />Bird and the motion was seconded by Commissioner <br />Scurlock and, upon being put to a vote, the vote <br />was as follows: <br />Chairman Gary C. Wheeler Aye <br />Vice -Chairman Carolyn,K. Eggert Aye <br />Commissioner Richard N. Bird Aye <br />Commissioner Don C. Scurlock, Jr. Aye <br />Commissioner Margaret C. Bowman Absent <br />The Chairman thereupon declared the resolution duly <br />passed and adopted this _1st day of August, 1989. <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By <br />Attest Gary .`W eeIer <br />Cha' man <br />Xa r n CTe <br />Q. <br />198923 <br />® 2 3 BOOK 17 <br />