Reso 1959-110District of Orange County, California, finds and dot er nes that t%e-
District receives Winds from '�'�ime to time which are not seeded for
m edia,te , expenditures; and
: ? a, W W.;A, it would be for the best in tereasts of, said District
that said. surplus money not required for the immediate, necessities of "
the District be `impested in acedrdance with the f ro
NOW." THVRw.Tj OIRE., . the Board of l irectore' o i' the Cos to . Mesa
a nitary District of {range County," California, does hereby resolve
and determine as fo�1017ss
E TION l., 'That the County Treas�xrer of orange County, Calif or°ni a,
as the Treasurer of the Costa Mesa Cafiitary a'istrict, . with the consent of
the Da rector of Finance of tbe Costa Mesa nitt�ry District, is hereby
authorized to invest and reinvest ids of -the IAstrict and to. sell: or
exchange securities so purchased, or surplus zanies. of the Diatrict not
required for the immediate neoAssities of the Distr i:ct. The Board of
Directors does hereby delegate such .authority to, the said Treasurer and
Director of i nance, and does :hereby #rect. that said Treasurer and
Director of Ananee. shall make a monthly report of such transactions to.
th.e Board -off. Directors.
PASSED AX.D ADOPTFD this 6th day of August, 1959.
Phi � ff of sta Mesa SanitarY
i stric t,
Cdr a . CountyQ California
I T$S . °
SO
IRETARY