HomeMy WebLinkAboutRes 1966-255 Surplus Funds•
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RESOLUTION NO. 255-1966
A RESOLUTION OF THE VILLAGE COUNCIL, NORTH PALM BEACH, FLORIDA, AMENDING RESOLUTION NO. 221
REGARDING THE INVESTING OF SURPLUS MUNICIPAL FUNDS BY THE VILLAGE MANAGER TO PERMIT THE INVESTMENT
AND WITHDRAWAL OF SUCH FUNDS BY THE VILLAGE MAYOR WHENEVER THERE IS NO VILT,APE MANAGER EMPLOYED BY
THE VILLAGE OF NORTH PALM BEACH.
BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA, that:
Section 1. Resolution No. 221 of the Village of North Palm Beach be, and the same is hereby,
amended in that wherever the words "Village Manager" appear in said resolution there shall be added
thereafter the following words: "or if no Village Manager is employed by the Village of North Palm
Beach, the Mayor of the Village,".
Section 2. The Village Clerk is hereby directed to notify any banks or federal savings
and loan associations affected by Resolution 221, as amended, whenever the Village of North Palm
Beach does not have a Village Manager in its employ, and such statement of the Village Clerk under
the Village Seal shall serve as authority to any bank or federal savings and loan association to
permit the Mayor of North Palm Beach to withdraw securities or monies deposited in banks or
federal savings and loan associations in accordance with Resolution 221.
PASSED AND ADOPTED this 25th day of January. 1966.
(SEAL)
ATTEST:
VILLAGE CLERK
MAYOR