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03/09/2004 Resolutions 2004-49 I I I RES 0 L UTI 0 N 2004-49 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. Adopted by the City Council of the City of Grand Island, Nebraska, March 9, 2004. QS)aL <fD~j RaNae Edwards, City Clerk Approved as to Form March 4, 2004