HomeMy WebLinkAboutRESO 2453.,
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R E S 0 L U T I 0 N N 0 • ~
RESOLUTION AtrrHORIZING REINVESTMENT OF SECURITIES
The Council of the City or Palo Alto DOES RESOLVE as follows:
That w. C. Cobb, City Treasurer, be and he is hereby
authorized to reinvest $500,000.00 U. 3. Treaaury Bi.lls due
June 18, 1953, in $500,000.00 U. S. Treasury Certificates or Indebtedness, 2 5/8%, due June 1, 1954.
The above and foregoing resolution was duly and regularly
introduced and passed at a regular meeting or the Council or the
City of Palo Alto held on Monday~ the 8th day of June, 1953,
by the following vote:
AYES:
NOES:
Blois, Cashel, Dryeda.le,. Hill, Huston, J"ackson }
Marshall, Miller, Mitchell, Porter, Simpson.
Nor1e.
ABSENT: Bishop, Montrou11, Wells, Wickett.
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APPROVED: /L~ = -7 v / '
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ATTEST: £ ·~4-{.11f,...., ..... ~r\< k'}-£"--!t < )II]. Alii
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