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014 <br />LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. II. D. <br />_ Information <br />Meeting Date: May 16, 2016 Action Item <br />XX Consent Agenda <br />SUBJECT: Resolution Allowing the Establishment and Maintenance of an <br />Account with Multi -Bank Securities, Inc., a full-service Institutional <br />Organization with offices through -out the United States, for <br />Investments <br />DEPARTMENT: Finance <br />CONTACT PERSON: Lisa G. Minter, Assistant County Manager/Finance Director <br />REQUEST: Request that the Board approves the Resolutions by the Governing <br />Body of Said Organization Whereby the Establishment and <br />Maintenance of Accounts Have Been Authorized <br />SUMMARY: The Finance Department would like to establish an account with <br />Multi -Bank Securities, Inc. (MBS). Having an account with MBS will <br />give us another resource to get rates on investment options when <br />the County has excess funds that can be invested. <br />BUDGET IMPACT: N/A <br />ATTACHMENT(S): Multi -Bank Securities, Inc. Non -corporate Resolution Form <br />PUBLIC HEARING: No <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: Approve Resolutions by the Governing Body of Said Organization <br />Whereby the Establishment and Maintenance of Accounts Have <br />Been Authorized. <br />