HomeMy WebLinkAboutR1956-05 Series "K" Bond Investement RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE AND STATE OF COLORADO • WHEREAS, the County Treasurer of Eagle County, Colo- rado has in his possession certain United States Savings Bonds , Series "G" , dated July 7 , 1944, the principal becoming due and payable twelve (12) years from the date thereof, said bonds being numbered V48112G, V481113G and V481114G, in the principal amount of FIVE THOUSAND AND NO/100 DOLLARS ($5,000.00) each, or an aggregate principal sum of FIFTEEN THOUSAND AND NO/100 DOLLARS (015,000.00) ; and WHEREAS, the said bonds became due and payable at maturity date on July 7, 1956 ; and WHEREAS, it is the desire of the Board of County Com- • missioners that these bonds be redeemed and the principal shall be reinvested; and WHEREAS, the above amounts represent funds and monies of the County of Eagle , State of Colorado; BE IT THEREFORE RESOLVED That the Treasurer of Eagle County, Colorado, be and he hereby is authorized to submit the aforementioned bonds for redemption through The First National Bank of Eagle County, Eagle , Colorado , to the Federal Reserve Bank, Denver Branch. IT IS FURTHER RESOLVED That the County Treasurer of Eagle County, Colorado , upon the receipt of the principal amount of the aforementioned bonds , being the sum of Fifteen Thousand and no/100 Dollars ($15,000.00) , shall reinvest the said monies • of Eagle County, Colorado in an amount not to exceed Fifteen Thousand and no/100 Dollars ($15,000.00) in United States Savings Bonds , Series "K" , in units of Five Thousand and no/100 Dollars - ,i • • (05,000.00) each, all pursuant to Chapter 114 of the "Session 40 Laws of Colorado, 1944. " READ, CONSIDEIED, PASSED AND APPROVED This 3rd day of December, A. D. 1956. THE BOARD OF COUNTY COMMISSIONERS OF EAGLE COUNTY, STATE OF COLORADO / // I \ {/ ha4444irman of e Boar. & •: i ll ' ssioners / J •mmiss o er 4V/ 4Wr Air ommissi. . - ;41Ir 40 Attest : Clerk of the Board • — 2 — - • 'CZ> 11, •