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HomeMy WebLinkAboutCC RES 74-081RESOLUTION N0. 74-81 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, IN RECOGNITION OF THE SERVICES OF ANTHONY KANE WHEREAS, the City of Palm Desert has completed its first year of incorporation; and WHEREAS, Anthony Kane has been our first City Treasurer for this entire year; and WHEREAS, he has demonstrated his competence and know- ledgeability in the handling of the City's investments during a period when interest rates fluctuated widely and where decisions on length of investment were critical; and WHEREAS, he capably explored the different types of investments available to the City and made recommendations for investment policy; and WHEREAS, he was successtul in placing our investments at the highest attainable interest rates consistent with maximum security as staff made these monies available. NOW, THEREFORE, BE IT RESOLVED that the City Council hereby recognize Anthony Kane and commends him for his efforts. PASSED, APPROVED, AND ADOPTED by the City Council of Palm Desert this 5th day of December , 1974 by the following vote: AYES: Aston; Benson; Brush; McPherson; Clark NOES: None �