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<br /> ..,r~ '-" <br /># " .... <br /> RESOLUTION NO. 158 <br /> STATE OF MINlmsOTA <br /> COUNTY OF RA.MSEY <br /> VILLAGE OF ~SW BRIGHTa~ <br /> RESOLUTION AUTHORIZING THE INVE8T~1ENT OF SURPLUS FUNDS <br /> IN A.PPROVED SECURITIES <br />WHEREAS a surplus of funds presently exists in the Debt Redemption and <br /> Capital Outlay Funds: <br />WHEEEAS these monies can be used to purchase approved securities <br />AIID THEREFORE BE IT RE30Lv~ by the Village Council of the Village of New <br /> Brighton that: <br /> (1) $300,000 of Debt Redemption be invested in approved <br /> short term securities <br /> (2) $300,000 of Capital Outlay Funds be invested in approved <br /> short term securities. <br /> (3) The Village Manager and Clerk-Treasurer be authorized to <br /> purchase $600,000 of approved securities as they deem it <br /> advisable. <br />Adopted this ~~) day of AI: P (! 10'-;7 t..-tfe4' j , 19 t:; 6 ,.~ <br /> - & <br /> 1,/, , <br /> 'd-C'//.~ . iL___ .~.,...- <br /> f( <br />,-~<-t~f;rJ ~.1 Cj'J: d' J IC/ j <br /> '-- <br /> , !/ ./ <br />Clerk~<Tteasurer <br />A. TTES T :: <br />SEAL <br />