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91FO// 'f A discussion was held with regard to becoming a participant in the Nebraska Public Agency Investment Trust. After discussion, member Margaret Landis offered the following Resolutiot~~dggv~~for its passage and adoption, and the same was seconded by member Irene Abernethy WHEREAS, Nebraska law expressly allows public agencies to invest surPlus or excess funds; and WHEREAS, the Interlocal Cooperative Act, 9 13-801 et seq. Neb. Rev. Stat. (Reissue 1991) provides thattwo or more public agencies may jointly cooperate in the exercise or in the performance of their respective governmental functions, powers or responsibili- ties and may enter into joint agreements as may be deemed appropriate for such purposes when such agreements have been adopted by appropriate action by the governing bodies of the participating public agencies; and WHEREAS, the Declaration of Trust (Interlocal Agreement) and an Information Statement relating to the Nebraska Public Agency Investment Trust have been presented to this Governing Body; and WHEREAS, the Declaration of Trust authorizes public agencies to adopt and enter into the Declaration of Trust and become participants of such trust; and WHEREAS, this Governing Body deems it advisable for this Public Agency to adopt and enter into the Declaration of Trust and become a participant of the Nebraska Public Agency Investment Trust for the purpose of the joint investment of this Public Agency's money with those other public agencies so as to enhance the investment earnings accruing to each such public agency. NOW, THEREFORE, be it resolved as follows: 1. This Public Agency shall and does hereby join with other Nebraska public agencies in accordance with the provisions of Nebraska law and in accordance with the Interlocal Cooperative Act, as applicable, by becoming a participant of the Nebraska Public Agency Investment Trust, and the Declaration of Trust and Interlocal Agreement is hereby adopted by this reference with the same effect as ifit had been set out verbatim in this Resolution. A copy of the Declaration of Trust is attached hereto and incorporated herein by this reference and shall be filed with the minutes of the meeting at which this Resolution was adopted. 2. This Public Agency is hereby authorized to invest its available funds from time to time and to withdraw such funds from time to time in accordance with the provisions of the Declaration of Trust. This Public Agency hereby delegates all authority and duties which the law otherwise authorizes it to delegate in accordance with the Declaration of Trust. The following officers and officials of this Public Agency are authorized to take such actions and execute any and all such documents as they may deem necessary and appropriate to effectuate the entry by this Public Agency into the Declaration of Trust and adoption thereof by this Public Agency: Name: H. T. Long, Chairman Name: Marqaret Landis Gary Quandt Irene ~bernethYt Vice Chair Name: Richard Hartman Name: Tammie stelk Pamela E. Lancaster Title: 3. The following officers and officials ofthis Public Agency and the respective successors in office each are hereby designated as "Authorized Officials" with full power and authority to effectuate the investment and withdrawal of monies of this Public Agency from time to time in accordance with the Declaration of Trust: Name: Doris Mason Name: Signature: ~~ Signature: Name: Jane Allan Name: Signature: ~ () c:.;J:;J a.-- . Signature: An Authorized Official of this Public Agency shall advise the Nebraska Public Agency Investment Trust of any changes in the Authorized Officials in accordance with procedures established by the Trust. 4. The Trustees of the Nebraska Public Agency Investment Trust are hereby designated as having official custody of this Public Agency's monies which are invested in accordance with the Declaration of Trust. 5. Authorization is hereby given for members of this Governing Body and officials of this Public Agency to serve as Trustees of the Nebraska Public Agency Investment Trust from time to time if elected as such pursuant to the Declaration of Trust. 6. All resolutions and parts of resolutions insofar as they conflict with the provisions of this Resolution being the same are hereby rescinded. The foregoing Resolution having been read in its entirety, and a motion having been duly made and seconded for its passage and adoption, the roll was called thereon and the following members voted in favor of passage and adoption of said Resolution: Irene Abernethy, Richard Hartman, Pamela Lancaster, Margaret Landis, H. T. Long, and Tammie Stelk The following voted against the same: Gary Quandt The following were absent or not voting: none