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1988.02.16 RESO 1988-0012
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1988.02.16 RESO 1988-0012
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City Council
Document Type
Resolutions
Meeting Date
2/16/1988
Meeting Type
Regular
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I 1 <br />a <br />information Statement" shall mean the information statement or other descriptive <br />document or documents adopted as such by the Trustees and distributed by the 4M Fund to <br />participants and potential Participants of the 4M Fund as the same may be amended by the <br />Trustees from time to time. <br />"Initial Participants" shall mean <br />which Municipalities initially formed the 4M Fund by the execution and adoption of this Declaration <br />of Trust. <br />OInvestment Advisory Agreement" shall mean the agreement with the Adviser referred to <br />in Section 3.2 hereof as the same may be amended from time to time. <br />*Joint Powers Act" shall mean Minnesota Statutes, Section 471.59. <br />OLaws" shall mean common law and all ordinances, statutes, rules, regulations, orders, <br />injunctions. decisions, opinions or decrees of any government or political subdivision or agency <br />thereof, or any court or similar entity established by any thereof. <br />Varticipants" shall mean the initial Participants and the Municipalities which adopt this <br />Declaration of Trust pursuant to Section 14.6 hereof. <br />"Permitted investments" shall mean the investments referred to in Paragraph (b) or <br />Section 2.2 hereof. <br />'Person" shall mean and include individuals, corporations, limited partnerships, general <br />partnerships, joint stock companies or associations, joint ventures, associations, companies, trusts, <br />banks, trust companies, land trusts, business trusts or other entities (which or not legal entities) <br />and governments and agencies and political subdivisions thereof. <br />"Board" or "Council' shall mean the governing body of a Municipality as defined herein. <br />"Municipality" shall mean county, city, town, public authority, public corporation, public <br />commission, special district, any other political subdivision, or an agency of the state or its <br />subdivisions and any "instrumentality" (as that term is defined in the Joint Powers Act) of a <br />municipality. <br />*Share" shall mean the unit osed to denominate and measure the respective <br />beneficial interests of the Participants in the Fund property as described is Article VI. <br />OShare Register" shall mean the register of Shares maintained pursuant to Article VII <br />hereof. <br />'Technical Advisory Board" shall mean the persons appointed by the Trustees to act as <br />technical advisors to the Trust. <br />ARTICLE ii <br />2.1 Gen_ eras. Subject to the rights of the Participants as provided herein, the Trustees <br />
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