[Adopted 12-11-1989 by Res. No. 8-89]
A. 
The Mayor and Council authorize the investment of town funds in the state investment pool.
B. 
The following Leonardtown officials shall be authorized to sign for withdrawal of these funds: Town Administrator or Clerk-Treasurer in conjunction with the Comptroller, with the countersignature of either the Mayor or one of the five members of the Town Council.
C. 
Without the signature of the Town Administrator or Clerk-Treasurer in conjunction with the Comptroller, three of the other above signatures will be required for withdrawal of funds.
D. 
Any one of the above signers may deposit funds into this account.
E. 
The authorization to participate in this investment fund does not obligate the town to participate.