1991-03866-Resolution No. 91-010 Recorded 2/14/199191- 038616
1 r
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCITUTES COUNTY, OREGON,
ACTING AS THE GOVERNING BODY OF THE BLACK BUTTE cg� DISTRICT
A Resolution Authorizing Black
Butte Ranch Service District to
Participate in the Investment of *
Funds Through the State of Oregon *
Local Government Investment Pool. *
RESOLUTION NO. 91 -010
WHEREAS, the Black Butte Ranch Service
has cash funds available from time to time;
District
and
(District)
WHEREAS, these funds can and should be invested for prudent
fund management by earning interest; and
WHEREAS, the State of Oregon, through its Treasury Depart-
ment, provides a means of enabling local governments to invest
funds by transactions administered by the Local Government
Investment Pool; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
DESCHUTES COUNTY, OREGON, acting as the governing body of the
Black Butte Ranch Service District, as follows:
Section 1. That the governing body of the District hereby
authorizes participation in the Oregon Local Government Invest-
ment Pool.
Section 2. That the administrator or other such chief
executive officer of the District shall be responsible for
determining the time and amount of funds to be invested or
withdrawn, and for the transaction processing necessary for the
District to participate in said Pool.
DATED this �3 day of 0,64.Ctd4
, 1991.
BOARD 0 `COUNTY COMMISSIONERS
OF DE •HUTES COUNTY, OREGON
NANC
GEN, sioner
Recording Secretary DLIN, Chairman
1 - RESOLUTION NO. 91 -010