A Resolution Authorizing THE INVESTMENT OF THE FUNDS OF THE COLUMBUS CONSOLIDATED GOVERNMENT IN THE
LOCAL GOVERNMENT INVESTMENT POOL KNOWN AS "GEORGIA FUND I" OPERATED BY THE
STATE OFFICE OF TREASURY AND FISCAL SERVICES. whereas, O.C.G.A. 36-83-1, et. seq. authorizes the investment of funds by local
governments in a local government investment pool operated by the state; and
whereas, the local government investment pool serves as a cash management tool for the
Columbus Consolidated Government investment portfolio; and
WHEREAS, the Columbus Consolidated Government has entered into a banking
services contract with Columbus Bank and Trust and a new resolution is required
by the State Office of Treasury and Fiscal Services to affect the bank account
change.
The Mayor is authorized to execute the attached form titled Georgia Fund I
Resolution to Authorize Investment.
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Introduced at a regular meeting of the Council of Columbus, Georgia, held the 29th day of July, 2003 and adopted at said meeting by the affirmative vote of _____________ members of said Council.