HomeMy WebLinkAbout831093.tiff RESOLUTION
RE: AUTHORIZATION FOR WELD COUNTY TREASURER TO INVEST FUNDS IN
GOVERNMENTAL SECURITIES
WHEREAS, the Board of County Commissioners of Weld County,
Colorado, pursuant to Colorado statute and the Weld County Home
Rule Charter, is vested with the authority of administering the
affairs of Weld County, Colorado, and
WHEREAS, Section 30-10-708 (1) , C.R.S. 1973, as amended,
states as follows:
" . . .Such board by written resolution simi-
larly adopted, may authorize the county treas-
urer to invest all or any part of such funds
and moneys in bonds of the United States, or
in farm loan bonds issued in pursuance of
the "Farm Credit Act of 1971" , 12 U.S .C.A.
section 2001, or in the bonds of any other
corporation which is or may be created by
the United States as a governmental agency
or instrumentality, or in such bonds as are
a direct general obligation of the state of
Colorado, or in bonds of school districts
or municipalities of the state of Colorado
not in default, or in county bonds or county
warrants. . . "
WHEREAS, the Board of County Commissioners of Weld County,
Colorado deems it in the best interest of Weld County to
authorize the County Treasurer to invest Weld County funds
in said governmental securities, and
WHEREAS, pursuant to Section 30-10-708 (1) , C .R.S. 1973,
as amended, the Board is authorized to appoint a custodian of
the funds, and such person shall give surety bonds in such
amounts and form and for such purposes as the Board deems
necessary, and
WHEREAS, the Board deems it to be in the best interest of
Weld County, Colorado that the Treasurer have standing authority
to sell or otherwise dispose of such bonds by authority of a
resolution of the Board of County Commissioners.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Com-
missioners of Weld County, Colorado, that the Weld County
Treasurer be, and hereby is, authorized to invest Weld County
funds in such governmental securities.
F:Funds Treas. Dep
A:Dept. Treas.
`//'.
831093
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Page 2
RE: GOVERNMENTAL SECURITIES
BE IT FURTHER RESOLVED by the Board that the County Treasurer,
Francis M. Loustalet, be, and hereby is, authorized and instucted
to secure said investments according to law as stated in Section
30-10-708, C.R.S. 1973, as amended.
BE IT FURTHER RESOLVED by the Board that the Treasurer shall
have standing authority by this Resolution, until the Board acts
otherwise, to sell or otherwise dispose of such bonds described
above.
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 22nd day of
August, A.D. , 1983.
BOARD OF CO CY COMMISSIONERS
ATTEST: al -T]to WELD COUNTY, COLORADO
Weld County Clerk and Recorder 12, a:2
and Clerk to the Board . uck Carlson, Chairman
puty County Cl k Jo T. Martin, Pro-Tem
APPROVED AS TO FORM: y/r2e M�jy�J
Gene R. Bran ner
County Attorney . Norman Carlson\• cque ' nY n --
on
DAY FILE: August 22, 1983
r TG MARY ANN FEUERSTEIN
14111nOFFICE OF WELD COUNTY CLERK AND RECORDER
�w�'»L DEPARTMENT OF CLERK TO BOARD
4225
PHONE 13031 356-4000 EXT. 222K
Iii0' P.O. 459
1
G REE LE Y, COLORADO BOX 457
COLORADO
STATE OF COLORADO ) RE : AUTHORIZATION FOR WELD COUNTY
ss TREASURER TO INVEST FUNDS IN
COUNTY OF WELD ) GOVERNMENTAL SECURITIES
I , Mary Ann Feuerstein, County Clerk and Ex-Officio Clerk of
the Board of County Commissioners in and for the County of Weld,
State of Colorado, do hereby certify that the above and foregoing
Resolution is truly copied from the records of the proceedings of
the Board of County Commissioners of said Weld County, now in my
office.
I further certify that said Resolution, adopted on the 22nd
day of August, 1983 , has neither been changed nor rescinded and is
currently in effect.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the seal of said County, at Greeley, Colorado, this 12th day of
June, A.D. , 1985 .
\NA-E A, • COUNTY LERK
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u r rirc D¢puty County Cle k
SEAL
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