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HomeMy WebLinkAboutResolution 08-039-CCI30ARD OF COUNTY COMMISSIONERS Grant County, Washington RESOLUTION l�To. 08- ���-CC A RESOLUTION relating to the establishment of a new investmen� fund to be named: Royal City Investments (652-013-040). WHEREAS, it has been called to the attention of the Board of County Commissioners that a new investment fund should be established as set forth hereinabove; and WHEREAS, the establishment of said investment fund may be accomplished without a public hearing pursuant to state and county budget laws, NOW, THEREFORE, BE IT HER�BY RESOLVED BY THE BOARD OF COUNTY COMMISSIONEIZS OF GRANT COUN'�Y, STATE OF WASHINGTON, that the following investment fund is hereby created and established: Royal City Investments (652-013-040) and the Grant County Auditor and the Grant County Treasurer are hereby directed to establish said investment fund in their respective offices. This resolution is in the best interests of good government and shall take effective immediately. DATED: this �_ day of �►,Q. , 2008. ATTEST: , ,�''�� CVVI'1'18rq� Clerk of the Board �� Yea Nay +�" ❑ � � � Abstain ❑ ❑ BOARD OF COUNTY COIVIlVIISSIONERS GRAN'T COUNTY, WASHINGTOl�T , �---__ Richard Stevens, Chair �� LeRoy Allison, Member � � Cindy er, Member Page 1 of 1 F:�BVasquez�Resolution-Ordinance\Royal City new investment fund called Royal City Investments.doc June 2, 2008 � , . �. « , , e � � �k �p►rcav� DI�Npprov�► liM�t. �i1 � D�t. #�1 �.,�,,.,..o,.a TO: DAVID FIREBAUGH, CHIEF �.CCOUNTANT��t, �Z .,.�,.,�.�. �ist. �� ,.�.,,,�,,.�. FROM: DARRYL PHEASANT ��t. #E3 p�, �� � GRANT COUNTY TREASURER � � RE: NEW ACCOUNT The City of Royal City entered into an Investment Services Agreement with the County to be allowed to invest in the County Investment Pool. They deposited $1,000,000.00 into our account on May 30��'. Please create a new account for this investment fund 652-013-040 that will show up on the deposit transmittal. ������� J�N � 2��� GaAN"f COUNIY COMMtS51�N�RS