HomeMy WebLinkAbout053-94 RESOLUTION 53-94
AUTHORIZING THE ADMINISTRATIVE SERVICES MANAGER TO
BUY AND SELL REGISTERED SECURITIES THROUGH ERNST AND COMPANY
WHEREAS, the Town of Danville invests surplus funds through the purchase and sale
of registered securities with Ernst and Company; and
WHE~, Ernst and Company requires the name and title of an officer authorized to
buy and sell securities for the Town of Danville; and
WHEREAS, the Town's investment policy requires that all purchases of securities over
$1 million be approved by the Town Manager; now, therefore, be it
RESOLVED, that Carol Rossi, Administrative Services Officer, is hereby authorized to
sell, assign and endorse for transfer, certificates representing stocks, bonds, or other
securities now registered or hereafter registered in the name of the Town of Danville;
and be it further
RESOLVED, that all such transactions totalling $1 million or more be approved in
writing by Joseph Calabrigo, Town Manager of the Town of Danville.
APPROVED by the Danville Town Council at a Regular Meeting held on May 3, 1994,
by the following vote:
AYES:
NOES:
ABSTAINED: None
ABSENT: None
Ritchey, Greenberg, Doyle, Shimansky, Waldo
None
MAYOR
APPROVED AS TO FORM:
ATrEST:
CITY CLERK