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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 4108 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />A RESOLUTION AUTHORIZING THE OPENING OF AN ACCOUNT WITH THE <br />PORTICO US GOVERNMENT MONEY MARKET FUND <br /> <br />WHEREAS, it is the desire of the Council of the City of <br />Mounds View to maximize interest earnings on its temporarily idle <br />cash; and <br /> <br />WHEREAS, investment in money market funds which invest in US <br />Government securities is permitted by State law; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the <br />City of Mounds View that the Finance Director-Treasurer and the <br />Clerk-Administrator are authorized to open an account with the <br />Portico US Government Money Market Fund and to invest City funds <br />in the Fund. <br /> <br />Adopted this 12th day of August, 1991. <br /> <br />ATTEST: <br /> <br /> <br />(SEAL) <br /> <br />" <)d-.n~ ~ <br />Clerk-Admin strator <br />