HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-96-04)-10/08/1996
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RESOLUTION R-96-4
I A RESOLUTION ADOPTING AN INVESTMENT POLICY FOR THE COLLEYVILLE
I ECONOMIC DEVELOPMENT CORPORATION
III WHEREAS, the laws of the State of Texas require that an investment policy be adopted
I! by the governing body of an entity which invests public funds; and
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II WHEREAS, the Board of Directors deems it in the best interest of the Corporation to
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adopt an investment policy in order to maximize the return upon legal and
I lawful investments of the Corporation;
II NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
I COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION:
I Sec 1. That Exhibit 1 "COLLEYVILLE ECONOMIC DEVELOPMENT
i CORPORATION INVESTMENT POLICY" be adopted as the official
II investment policy for the Corporation
,I AND SO IT IS RESOLVED.
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II PASSED AND ADOPTED, this October 8, 1996.
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11 COLLEYVILLE ECONOMIC D LOPMENT CORPORATION
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I ATTEST:
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II J n Harris
II ecreta ry
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