Municipal Cooperation Resolution issued by East Pembroke Fire District to ensure funds' safety
Municipal Cooperation Resolution
WHEREAS, New York General Municipal Law, Article 5-G, Section 119-o [“Section 119-o” empowers municipal corporations [defined in Article 5-G, Section 119-n to include school districts, boards of cooperative educational services, counties, cities, town and villages, and districts] to enter into, amend, cancel and terminate agreements for the performance among themselves (or one for the other) of their respective functions, powers and duties on a cooperative or contract basis;
WHEREAS, the East Pembroke Fire District wishes to invest portions of its available investment funds in cooperation with other corporations and/or districts pursuant to the NYCLASS Municipal Cooperation Agreement Amended and Restated as of March 14, 2014;
WHEREAS, the East Pembroke Fire District wishes to assure the safety and liquidity of its funds; Now, therefore, it is hereby resolved as follows:
That the Treasurer of the East Pembroke Fire District is hereby authorized to execute and deliver the Cooperative Investment Agreement in the name of and on behalf of East Pembroke Fire District.
William R. Joyce, Secretary East Pembroke Fire District