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HomeMy WebLinkAbout910625.tiff RESOLUTION RE: AUTHORIZE THE GOVERNING BODY OF WELD COUNTY TO INVEST ITS SURPLUS MONEYS IN THE INVESTMENT TRUST OF COLORADO, A COLORADO SURPLUS MONEYS POOL ("ITC") 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, the Board has received and reviewed the Information Statement dated February 1, 1991, describing the INVESTMENT TRUST OF COLORADO ("ITC") and the Indenture creating ITC, and WHEREAS, the Board has been afforded the opportunity to discuss ITC with all appropriate representatives of ITC, and WHEREAS, the Board deems it in the best interest of Weld County to appoint Francis M. Loustalet as its Designated Representative to participate in ITC. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners o£ Weld County, Colorado, that Francis M. Loustalet be, and hereby is, appointed as Weld County's Designated Representative to participate in ITC. BE IT FURTHER RESOLVED by the Board that the Indenture be, and hereby is, approved, and the Designated Representative is hereby appointed and authorized to execute the Indenture on behalf of Weld County. BE IT FURTHER RESOLVED that the Board acknowledges that its decision to authorize the participation in ITC is based solely on the information set forth in the Information Statement and in the Indenture, and the Board hereby acknowledges that the Governing and Advisory Boards of ITC are not, and shall not be, in any way liable to Weld County in connection with ITC, except as otherwise provided in the Indenture. BE IT FURTHER RESOLVED by the Board that this Resolution shall take effect immediately upon its adoption. BE IT FURTHER RESOLVED by the Board that the undersigned affirm that this Public Entity has received and read the Trust's Information Statement and Indenture of Trust and agree to be bound by the terms thereof. BE IT FURTHER RESOLVED by the Board that the undersigned agree that the certifications, instructions, and authorizations contained in the attached Trust Registration Form (which is made a part hereof) will remain in effect until receipt by the Trust of written notice of charge. tt 910625 I Page 2 RE: INVESTMENT TRUST OF COLORADO The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 24th day of July, A.D. , 1991. BOARD OF COUNTY COMMISSIONERS ATTEST: iartataa WELD COU OLORADO Weld County Clerk to the Board Gord ac , irman y BY: a al 4It- / ) � " EXCUSED Deputy Berk to the Board Geeor/ge Kennedy, Pro-Tem APPROVED O FORM: / *C47-in'� ��Constance L. Harber C c �y��et..-er, et Ale County Attorney C. W. Kirby W. Itkis f 111/16 910625 INVESTMENT TRUST OF COLORADO TC A COLORADO SURPLUS MONEY POOL INVESTMENT TRUS1 OF COLORADO MODEL RESOLUTION ATTACHMENT RESOLUTION NO. A RESOLUTION AUTHORIZING THE GOVERNING BODY OF 7- G iJ TO INVEST ITS SURPLUS MONEYS IN THE INVESTMENT TRUST OF COLORADO, A COLORADO SURPLUS MONEYS POOL ("ITC") BE IT_RESOLVED that the governing body' of 1�/6 47_4--lt j a / — Cjp�L--9� _ of the State of Colorado, by majority vote, hereby RESOLVES as follows: I. The governing body hereby' finds and determines that (al the governing body has received and reviewed (i) the Information Statement dated February I. 1991 describing the INVESTMENT TRUST OF COLORADO ("ITC") and (ii) the Indenture creating ITC, tb) the governing hotly has been afforded the ?ppo tunity to discuss ITC with all appropriate representatives of ITC, and tc) it is i Ih • best interests of &L/C / e/ / �Zr�.� i / to appoint F77-1414 77-14Y)C (S ii/ • l ows 1�. :u its Designated Represent tine to participate in ITC. . 3. The Indenture is hereby approved, and the Designated Representative is hereby appointed and authorized to execute the Indenture on behalf of 1/1/C /C1 rcr.Zeiy'l 77 3. The governing hotly acknowledges that its decision to authorize the participation in I'T'C is based solely on the inlormation set I°rill in the IiirOrm:uion Sllt:INDIO and in the Indenture. and the governing body hereby ❑cknosvledges that the Governing and Ads Rory Boards nl ITC are not, and shall not he. in any way liable to _ in connection with ITC, except :Is otherwise provided in the Indenture. d. This resolution shall lake effect immediately upon its adoption. ieScopy oT ITIC resolution must uccompany chei'rnst-Registration Form submitted tit the Adminktrator_t The undersigned affirm that this Public Entity has reccised and read the Trust's Information Statement and Indenture of Trust and agree to he hound by the terms thereof. The undersigned agree that the certifications. instructions. and authorizations contained in the attached Trust Registration Form (NAhich is made a part hereof will remain in effect until receipt M' the Trust of written notice of charge. ,Name of Puhlic Entity RN : Please Print Name Signature Title - - — -_-- - - Attest: .Secru:Iry or Clerk Date 910.62. 1;COLOI Hello