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<br /> Harry Kim aP:~a~~;oF M~+.. <br /> William Takaba <br /> Mayor a u° Director <br /> r: :4 <br /> _ _ Nancy E. Crawford <br /> .er,At us M+~'~P,` Deputy Director <br /> COLil1~y O~ ~a~'V~11 <br /> Finance Department <br /> 25 Aupuni Street, Room 118 • Hilo, Hawaii 96720 <br /> (808)961-8234 • Fax (808)961-8248 <br /> August 14, 2001 <br /> Honorable James Arakaki, Chairperson and <br /> Members of the County Council - <br /> Hawaii County Council <br /> 25 Aupuni Street <br /> Hilo, Hawaii 96720 <br /> Re: Resolution to Clarify Short Term Investment Types <br /> Enclosed is a resolution clarifying the types of short term investments in which the <br /> Director of Finance may invest County monies. In 1992, the Council gave authorization <br /> on the types of short term investments which may be made, pursuant to Section 46-50 <br /> of the Hawaii Revised Statutes. In 1998, Section 46-50 was amended to expand the <br /> list of investment types and its maturity period. We would like to extend the previous <br /> authorization to include the investment types now listed in Section 46-50 as amended in <br /> 1998. <br /> If there are any questions, please do not hesitate to call me. <br /> William Takaba <br /> Director of Finance <br /> APPROVED: <br /> A~ <br /> Harry Kim <br /> Mayor <br /> Enc. <br /> Comm. No. / _ <br /> File No. <br /> Ref. To: <br /> Ref. Date AUG 1 ~ X01 <br /> <br />