HomeMy WebLinkAbout1998-15 Auth Stock/Bond TransfRESOLUTION NO. 98-/5
A RESOLUTION AUTHORIZING THE INVESTMENT OFFICERS OF
THE CITY OF ASHLAND, AS LISTED IN THE CITY OF ASHLAND'S
INVESTMENT POLICY, TO SELL, ASSIGN, AND ENDORSE FOR
TRANSFER, CERTIFICATES REPRESENTING STOCKS, BONDS, OR
OTHER SECURITIES NOW REGISTERED OR HEREAFTER
REGISTERED WITH WELLS FARGO, N.A., IN THE NAME OF THE
CITY OF ASHLAND.
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1. The investment officers of the City of Ashland, as listed in the City of
Ashland's Investment Policy, are hereby authorized to sell, assign, and endorse for
transfer, certificates representing stocks, bonds, or other securities now registered or
hereafter registered with Wells Fargo, N.A., in the name of the City of Ashland.
This resolution was read by title only in accorda.n,Ee with Ashland Municipal Code
§2.04.090 duly PASSED and ADOPTED this ..~ day of ~ 1998.
Barbara Christensen, City Recorder
SIGNED and APPROVED this ~/.~day of ~~, 1998.
~~~~.w _~~,~,,ed as to form:
Paul Nolte, City Attorney
/' Carole Wheeldon, Council Chairperson
/
/
PAGE 1 - (g:\dereks\BANKAUTH.wpd)