HomeMy WebLinkAboutRes 2006-14 Approving investing in the J.P. Chase Morgan Government Money Market Fund
Resolution No. 2006-14
A RESO:LUTION APPROVING INVESTING IN THE J.P. MORGAN
CHASE GOVERNMENT MONEY MARKET FUND; AND CONTAINING
FINDINGS AND PROVISIONS RELATED TO THE SUBJECT
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WEST UNIVERSITY PLACE:
Section 1 ~ The City Council approves investing in JP Morgan Chase
Govenunent Money Mark Mutual Fund, subject to the Texas state laws regulating
public funds investments and the City's investInent policy adopted as .part of
Chapter 2.159(5) of the City of West University Place, Texas Code ofOrdinances~
Section 2~ All resolutions and parts of resolutions in conflict herewith are
hereby repealed to the extent of the conflict only~
Section 3. If any word, phrase, clause, sentence, paragrap11, section or other
:part of this resolution or the application thereof to any person or circumstance,
shall ever be held to be invalid or unconstitutional by any court of COlnpetent
jurisdiction, tIle relnainder of this resolution and the application. of such word,
phrase, clause, sentence, .paragraph, section, or other part of this resolution to any
other person or CirCU1TIstances shall not be affected thereby~
Section 4. The City Council officially finds, d.etermines and declares that a
sufficient written notice of the date, hour, place and subject of each meeting at
which this resolution was discussed, considered or acted upon was given in the
manner required by tIle Texas O.pen Meetings Act, as amended, and that each such
meeting has been open to the public as required by law at all times during such
discussion, consideration and action. The City Council ratifies, approves and
cantions such notices and the contents and posting thereof.
Section 5. This Resolution shall ta.ke effect ilnmediately .upon its adoption
and signature~
PASSED, APPROVED AND ADOPTED on ~~ /./
2006.
Signed:
ATTEST: (SEAL)