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RESOLUTION 10-2145 <br />"A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA <br />ADOPTING THE REVISED INVESTMENT POLICY DATED JULY 26, <br />2010; REPEALING RESOLUTION 94-826 AND RESOLUTION 95-929; <br />PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE <br />DATE." <br />WHEREAS, Florida Statutes 218.415, Local Government Investment Policies requires <br />governments to have an investment policy in place; and <br />WHEREAS, the Investment Policy for the City of Casselberry was implemented via <br />Resolution 94-826 on March 21, 1994 and certain sections were last amended via Resolution 95- <br />929 on September 25, 1995; and <br />WHEREAS, the City desires to repeal Resolution 94-826 and 95-929 and substitute it <br />with this Resolution to adopt an Investment Policy which concurs more precisely with Florida <br />Statute 218.415 as revised in 2009. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION <br />OF THE CITY OF CASSELBERRY, FLORIDA, AS FOLLOWS: <br />SECTION I. The City Commission of the City of Casselberry hereby approves and <br />adopts the Investment Policy dated July 26, 2010, as revised and attached hereto as Exhibit A <br />and made a part thereof. <br />SECTION II. Conflicts. All resolutions or parts of resolutions in conflict with any of <br />the provisions in this Resolution are hereby repealed. <br />SECTION III. Severability. If any Section or portion of a Section of this Resolution <br />proves to be invalid, unlawful, or unconstitutional, it shall not be held to invalidate or impair the <br />validity, force, or effect of any other Section or part of this Resolution. <br />SECTION IV. Effective Date. This Resolution shall become effective immediately <br />upon its passage and adoption. <br />PASSED and ADOPTED this 26th day of July, A.D., 2010 <br />AT 1'ES"1: <br />~d <br />~~~ / - ~' <br />Donna G. Gardner <br />City Clerk <br />~` ~ ., <br />~ v <br />C ar~ene Glancy <br />Mayor/Commissioner <br />