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111/.•16/88(RES01)LEGAL.(Vk)
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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
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Dept.
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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
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Dept.