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HomeMy WebLinkAbout1989-001v r 111/.•16/88(RES01)LEGAL.(Vk) Y } 1y. Lr t i A �r - ay 3 S S. - 7 - �f.n lo✓ LL f j ' RESOLUTION NO. 8.9 -• 1 - - 7 A RESOLUTION OF THE BOARD OF COUNTY COW ISSIONE.RS OF INDIAN RIVER COUNTY, i FLORIDA, AUTHORIZING THE CLERK OF THE COURT TO OPEN AN ACCOUNT WITH THE STATE BOARD OF ADMINISTRATION AND TO TRANSMIT COUNTY FUNDS TO THE STATE BOARD OF ADMINISTRATION'S INVESTMENT POOL. WHEREAS, Indian River County from time to time has funds on hand in excess of current needs; and WHEREAS, it is in the best interest of the citizens of Indian River County that funds be invested in such a manner as to yield the highest return possible consistent with proper safeguards for the handling of government funds, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: I. Jeffrey K. Barton, Clerk of the Court of Indian River County, Florida, is hereby designated custodian of County funds and authorized to transmit such funds to the State Board of Administration, or invest such funds In such a manner consistent with the best interest of the citizens of Indian River County and pursuant to the directions of the Board of County Commissioners. Furthermore, the Clerk is authorized to withdraw funds from the State Board of Administration or other investment account in the name of Indian River County by giving timely notice together with confirmation by letter executed by the clerk and the Budget Officer or other County employee designated by the Board of County Commissioners. 2. This authorization shall be continuing in nature until revoked by the Indian River County Board of County Commissioners. The foregoing resolution was offered by Commissioner Eggert-__ who moved its adoption. The motion was seconded by Commissioner _Scurlock _------- and, being put to a vote, the vote was as follows: 1 ��. XERK ;. indnn Riru Ca 3 Admin. WON Legal BuUgel M Dept. f J i 1 y t Chairman Gary . 0Wheeler A e Y Vice Chairman Carolyn K. Eggert Aye Commissioner Margaret C. Bowman Aye Commissioner Richard N. Bird Aye - Commissioner Don C. Scurlock, Jr. Aye The Chairman thereupon declared Resolution No. 89-1 duly passed and adopted this 3rd day of January, 1989. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA Attest: ., By: HAIRMAN ��. XERK ;. indnn Riru Ca Approved Dale Admin. (07)c'C 12-tr-s8 Legal BuUgel a Dept.