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<br />RESOLUTION NO. 90-009 <br /> <br />WHEREAS, it is the desire of the City Council of the City of <br />Paris to adopt an investment policy; and, <br /> <br />WHEREAS, the Director of Finance for the City of Paris has <br />presented the proposed policies regarding an investment policy <br />for consideration which meet the requirements set forth in <br />Article 842a of Vernon's Texas Civil Statutes; and, <br /> <br />WHEREAS, the City Council desires to adopt such policies as <br />official policies regarding investment of funds and the same <br />shall be incorporated into the Uniform Policy and Procedures <br />Manual of the City of Paris; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />That the investment policies attached hereto as Exhibit A, be, <br />and they are hereby adopted as official policies of the City of <br />Paris and the same shall be incorporated into the Uniform Policy <br />and Procedures Manual of the City of Paris. <br /> <br />BE IT FURTHER RESOLVED, That the City Manager of the City of <br />Paris, Michael E. Malone, be, and he is hereby directed to <br />implement the policies hereby approved. <br /> <br />Passed and adopted this 12th day of February, 1990. <br /> <br /> <br />//~; <br />{ft~~ <br /> <br />Eric S. ifford, Mayor <br /> <br />ATTEST: <br /> <br /> <br />-, <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />"- <br />