02/12/2002 Resolutions 2002-40
I
I
I
RES 0 L UTI 0 N 2002-40
WHEREAS, the City of Grand Island periodically acquires stocks, bonds, and other
securities registered in the name of the City of Grand Island through purchases, gifts, assignments,
mergers, exchanges, and other similar transactions; and
WHEREAS, in connection with such transactions, the City has an ongoing need to
efficiently and expeditiously endorse such securities for delivery; and
WHEREAS, it is in the best interests ofthe City to authorize David Springer, Finance
Director/Treasurer, to sell, assign, and endorse for transfer and delivery, certificates representing
stocks, bonds, or other securities registered in the name of the City of Grand Island; and
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that David Springer, Finance Director/Treasurer, 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 City of Grand Island,
Nebraska, a municipal corporation.
BE IT FURTHER RESOLVED, that this authority shall remain in full force and
effect unti112/3112003, unless otherwise amended or terminated.
Adopted by the City Council of the City of Grand Island, Nebraska on February 12, 2002.
0[\0.0, ~QLd()~
RaNae Edwards, City Clerk
Approved as to Form T CqI:5" I
February 11 , 2002 .A. City Attorney