b. Treasurer to invest funds
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b. Treasurer to invest funds
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<br />CASS COUNTY <br />GOVERNMENT <br />.... <br /> <br />Auditor <br /> <br />Michael Monriplaisir, CPA <br />701-241-5601 <br /> <br />Treasurer <br /> <br />Charlotte Sandvik <br />701-241-5611 <br /> <br />J)irector of <br />Equalization <br /> <br />Frank Klein <br />701-241.5616 <br /> <br />Box 2806 <br />211 Ninth Street South <br />Fargo, North Dakota 58103 <br /> <br />Fax 701-241.5728 <br /> <br />www.casscountygov.com <br /> <br />MEMO <br /> <br />TO: <br /> <br />Cass County Commissioners <br /> <br />FROM: <br /> <br />Charlotte Sandvik, County Treasurer <br /> <br />DATE: <br /> <br />December 23, 2005 <br /> <br />SUBJECT: <br /> <br />TREASURER TO INVEST UNCOMMITTED FUNDS <br /> <br />Each year, the county commission authorizes the county treasurer to <br />invest uncommitted funds in any financial institution in Cass County, or the <br />Bank of North Dakota, as stated in the North Dakota Century Code. The <br />county treasurer must be sure each financial institution pledges assets for <br />any amount over $100,000.00. The pledge of assets must be in writing, <br />must be approved by the institution's board of directors or loan committee, <br />and approval must be reflected in the minutes of the board or committee. <br /> <br />SUGGESTED MOTION: <br />Move to authorize the county treasurer to invest uncommitted funds. <br /> <br />M:\MINUTESIComm2006ITREAS-FUNDS.doc <br /> <br />n <br />
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