38 of 1970 - A resolution commending Jennings Phillips, Jr. for the outstanding work which he is performing in th Resolution do
James L. Barnes, Jr.BY
1'
„ ' • COMMISSIONER
I} ;
Commending Jennings Phillips, Jr.
for the outstanding work which he is
performing in the investment of city
funds.
Presented to the Board of Commissioners
AND PASSED
JUL 141970
I ,
PEP 68.65-300
ROLL CALL
I ' July 14 70
VOTING Aye Nay Salt Lake City,Utah, ,19 •
Barker.. / ? 1
'�
I move that the Resolution be adopted. 7
Catmull . . . /I
Harrison . /
Gr-1
Mr.r. CChairman / �/�
RESOLUTION
Result .
WHEREAS, Jennings Phillips, Jr. is the Salt Lake City
Treasurer and is responsible for the investment of city
funds; and
WHEREAS, Jennings Phillips, Jr. has wisely invested
the funds of Salt Lake City, thus providing Salt Lake City
with substantial earnings therefrom; and
WHEREAS, said City has been able to maintain a realistic
budget for its operations; and
WHEREAS, said budget was made possible because of the
earnings from the investments Mr. Jennings has prudently made;
and
WHEREAS, the Salt Lake City Board of Commissioners
recognizes that Mr. Phillips has done a very commendable job
with respect to the foregoing;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMIS-
SIONERS OF SALT LAKE CITY on its behalf and on behalf of the
residents of Salt Lake City, that said Board does hereby
commend Jennings Phillips, Jr. for the outstanding work which
he is performing in the investment of city funds.
The City Recorder is hereby directed to deliver a copy
of this Resolution to Mr. Phillips.
Passed byl4the Board of Commissioners of Salt Lake City,.
Utah, this day of July, 1970.
Bracken Lee, Mayor `
City. e r}ler