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,.e (INIC[PAl. UnincoC~~iira~eJ Orgnnivation Guvei'i~ins Qotly Resolution
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AGENDA MEMORANDUM
TO: [10NORA6I.E MAYOR ANU CITY COMMISSION
EROM: W. SFIELTON SMITR, CITY ADMINISTItA"[Oli
DATE: AUGUST IS, 199'/
SUBJECT: RESOLUTION 9]-9iJ
RECOMMEIIDATION~
Adopt Resolution 9]"913, designating American Municipal Securities, Inc. az Agent fotdre City to
purchaze, sell, assign or transfer securities of We City and designating persons auNOriaed to Doter
o the Agent's Brokerage Agreement and exsute any instruments necessary or desirable for
establishing or mmnta,vmg secunties accotmts
E~~LANATIONBACKG320IIND~
Not aft brokers require adoption of a resolution, but this one does.
PROGRAM IMPACT
This will enable the City to utilize this broker [vr thn purchase oCivvoawovts.
None
PREPARED BY' ~~9Ymre, P/
Movioa D. Mitchell, Dicector of,tAdministrative Services
SUBMITTED HY' .~,./ ~/~ ~~
W. Shelton Smith, City Adnrinistramr -