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066 <br />RESOLUTION 29 -91 <br />A RESOLUTION ADOPTING AN INVESTMENT POLICY FOR THE CITY OF LINO <br />LAKES. <br />WHEREAS, <br />The City of Lino Lakes is dedicated to the <br />proposition that a sound investment program <br />is an essential element of good fiscal <br />management; and <br />WHEREAS, It is important to have written policies and <br />procedures wherever possible; and <br />WHEREAS, A written policy will aid in the investment <br />process, and <br />WHEREAS, The attached policy conforms with all legal and <br />Council authorized policies; <br />NOW THEREFORE BE IT RESOLVED: <br />That the City Council of the City of Lino Lake hereby <br />adopts the attached Investment Policy. <br />Adopted by the Lino Lakes City Council this 25th <br />March , 1991 <br />Day of <br />Harold L. Bisel, Mayor <br />lyre G. Anderson, City Clerk <br />