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VERNMENT <br /> <br />MEMO <br /> <br />Auditor <br /> <br />Michael Montplaisir, CPA <br />701.241-5601 <br /> <br />Treasurer <br /> <br />Charlotte Sand~ik <br />701-2414611 <br /> <br /> Director of <br />Equalization <br /> <br /> Frank Klein <br />701-241-5616 <br /> <br />TO: <br /> <br />Cass County Commissioners <br /> <br />FROM: <br /> <br />Charlotte sandvik <br /> <br />DATE: December 19, 2000 <br /> <br />SUBJECT: COUNTY TREASURER TO INVEST UNCOMMITTED FUNDS <br /> <br /> Each year, the county commission authorizes the <br /> county treasurer to invest uncommitted funds in any <br /> financial institution in Cass County or the Bank of North <br /> Dakota, as stated in the North Dakota Century Code. The <br /> county treasurer has to make sure each financial <br /> institution pledges assets of anything over $100,000. The <br /> pledge of assets must be in writing, it must be approved <br /> by the institution'S board of directors or loan committee, <br /> and that approval must be reflected in the minutes of the <br /> board or committee. <br /> <br />SUGGESTED MOTION: <br />Move to authorize <br />uncommitted funds. <br /> <br />the county treasurer <br /> <br />to invest <br /> <br />Box 2806 <br />211 Ninth Street ~uth <br />Fargo, North Dakota 58103 <br /> <br />M: kMiNUTES ~ Comm2 0 0 2 kTREAS - FUNDS ' wpd <br /> <br />FAX 701.241-5728 <br /> <br /> <br />