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AUG in,Q9-1 <br />BOOK 90 DGE 168 <br />"Resolutionev means this Resolution, as the same may from time <br />to time be amended, modified or supplemented. <br />11FCIT Agreementle means the Agreement and Declaration of Trust, <br />dated as of December 1, 1991, creating and establishing the FLIT, <br />a copy of which is attached to the Joinder Agreement as Appendix <br />A thereto. <br />SECTION 2. FINDINGS. It is hereby ascertained, determined <br />and declared that: <br />(A) It furthers the public interest for the County to invest <br />any monies not immediately required to be disbursed and to maximize <br />the net earnings on such funds. <br />(B) The Florida Counties Investment Trust has been <br />established 'pursuant to the FCIT Agreement for the purpose of <br />establishing one or more Investment Funds for pooling surplus funds <br />of public entities for joint investment. <br />(C) The County desires to have the Investment Funds available <br />should they be determined, at any time, to be an advantageous <br />investment for the County's surplus funds. <br />(D) The County is required to become a party to the FCIT <br />Agreement as a- condition precedent to participation in any <br />Investment Fund. <br />SECTION 3. AUTHORIZATION OF FCIT AGREEMENT. The County <br />hereby authorizes and directs the Chairman to execute the Joinder <br />Agreement and the Clerk to attest the same under the seal of the <br />County for the purpose of becoming a party to the FCIT Agreement <br />and evidencing the County's agreement to become bound by the terms <br />thereof. The Clerk is further directed to deliver the Joinder <br />Agreement to FCIT for execution by its appropriate officers. Upon <br />execution and delivery of the Joinder Agreement by the County and <br />FCIT, all of the terms and provisions of the Joinder Agreement and <br />the FCIT Agreement shall be deemed to be a part of this Resolution <br />as fully and to the same extent as if incorporated verbatim herein. <br />The Joinder Agreement shall be in substantially the form attached <br />hereto as Exhibit A, with such changes, amendments, modifications, <br />omissions and additions as may be approved by the Chairman. <br />L- J <br />20 <br />M <br />