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-2- <br />WHEREAS, this Council deems it to be advisable for this municipality <br />to make use from time to time, in the discretion of the officials <br />of the municipality identified in Section 2 of the following Resolution, <br />of the Fixed-Rate Investment Program available to Participants of <br />the Fund. <br />NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: <br />• <br />Section 1. This municipality shall join with other municipalities <br />(as such term is defined in the Declaration of Trust) in accordance <br />with the Joint Powers Act by becoming a Participant of the Fund and <br />adopting and entering into the Declaration of Trust, which is adopted <br />by reference herein with the same effect as if it had been .set out <br />verbatim in this resolution, and a copy of the Declaration of Trust <br />shall be filed in the minutes of the meeting at which this Resolution <br />was adopted. The Chair and the Clerk of this Council are hereby <br />authorized to take such actions and execute any and all such documents <br />as they may deem necessary and appropriate to effectuate the entry <br />of this municipality into the Declaration of Trust and the adoption <br />thereof by this municipality. <br />Section 2. This municipality is hereby authorized to invest its <br />available monies from time to time and to withdraw such monies from <br />time to time in accordance with the provisions of the Declaration <br />of Trust. The following officers and officials of the municipality <br />and their respective successors in office each hereby are designated <br />as "Authorized Officials" with full powers and authority to effectuate <br />the investment and withdrawal of monies of this municipality from <br />time to time in accordance with the Declaration of Trust and pursuant <br />to the Fixed-Rate Investment Service available to Participants of <br />the Fund. <br />Janet R. Wiessner City Administrator <br />Printed Name Title <br />Thomas Kelly City Accountant <br />Printed Name Title <br />The Clerk shall advise the Fund of any changes in Authorized Officials <br />in accordance with procedures established by the fund. <br />Section 3. The Trustees of the Fund are hereby designated as having <br />official custody of this municipality's monies which are invested <br />in accordance with the Declaration of Trust. <br />Section 4. Authorization is hereby given for members of the Board <br />of Directors of the League of Minnesota Cities to serve as Trustees <br />of the Fund pursuant to the provisions of the Declaration of Trust. <br />• <br />