5A RESOLUTION AUTHORIZING THE RE -INVESTMENT OF
$18,000.00 9F U. S. TREASURY BILLS DATED AUG-
UST 23RD, 1962, AND MATORING FEBRUARY 21ST,
1963, HELD BY THE CITY OF EDGEWATER FOR AND ON
BEHALF OF THE WATER DEPARTMENT.
WHEREAS, the City of Edgewater is the owner of U. S.
Treasury Bills dated August 23rd, 1962, and maturing Feb-
ruary 21st, 1963, in the aggregate amount of $18,000.00,
for and on behalf of the water department.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EDGEWATER, FLORIDA:
SECTION 1. That the City Clerk, Kathryn B. O'Connell,
be and she is hereby directed, through the Bank of New Smyrna
and the Trust Department of The Atlantic National Bank of
Jacksonville, to re -acquire $18,000.00 of U. S. Treasury Bills
on the best terms possible, for a period of six months, and
to have same held for the water department.
SECTION 2. That as said U. S. Treasury Bills mature
from time to time, the said Kathryn B. O'Connell be and she
is hereby authorized to re -acquire said amount of U. S.
Treasury Bills from time to time on the best terms possible.
SECTION 3. That this resolution take effect immediate-
ly upon its passage.
The above and foregoing resolution was presented by
Councilman Falmateer , who moved its adoption; said
motion being seconded by Councilman Siller
Upon roll call said resolution was declared duly adopted at
the regular meeting of said Council on the 18th day of
February, A. D. 1963; the vote of said Council on said roll
call being as follows;