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P4INUTES <br />City Council <br />Feb. 25, 1987 <br />Bikepath <br />Grant <br />(cont.) <br />MN Money <br />Market <br />Investment <br />A.genda <br />Item No. 15a <br />RAP4SEY COUNTY FOR A BIKE PATH ALONG LAKE <br />GERVAIS ON KELLER PARKWAY <br />The foregoing resolution was duly seconded by Mr. Fahey. <br />Ayes (5) Fahey, Scalze, Collova, LaValle, Blesener. <br />Nays (0). <br />Resolution declared adopted. <br />This resolution appears in Resolution Book No. 17, Page 93. <br />Mr. LaValle recommended the City's participation in the Minnesota <br />Money P9arket Investment Funds as detailed in Council agendas. <br />Blesener asked if these funds had variable interest rates or fixed <br />rates. <br />The City Clerk replied that the rate was fixed. <br />Mr. LaValle introduced the following resolution and moved its adoption: <br />RESOLUTION N0. 87-2-89 - AUTHORIZING <br />ENTRY INTO A JOINT POWERS AGREEP9ENT <br />IN THE FORM OF A DECLARATION OF TRUST <br />ESTABLISHING AN EPITITY KNOWN AS "MINNESOTA <br />P~UNICIPAL MONEY MARKET FUND" AND AUTHORIZING <br />PARTICIPATION IN CERTAIN INVESTMENT PROGRAMS <br />IN CONNECTION THEREWITH <br />Replenish <br />Petty <br />Cash <br />Agenda <br />item No. 15b <br />Y ~ <br />Nays (0). <br />Resolution declared adopted. <br />This resolution appears in Resolution Dook No. 17, Pages 94 thru 96. <br />The foregoing resolution was duly seconded by Mrs. Scalze. <br />A es (5) LaValle Scalze, Collova, Blesener, Fahey. <br />Mr. LaValle introduced the following resolution and moved its adoption: <br />RESOLUTION N0. 87-2-90 - REPLENISHING <br />THE PETTY CASN FUND IN THE AMOUNT OF <br />$150.00 <br />The foregoing resolution was duly seconded by Mr. Collova. <br />Ayes (5) LaValle, Collova, Scalze, Blesener, Fahey. <br />Nays (0). <br />Resolution declared adopted. <br />This resolution appears in Resolution Book No. 17, Page 97. <br />Page -18- <br />