R99-33 APPROVING AND AUTHORIZING EXECUTION OF A FIRST AMENDED AND RESTATED DECLARATION OF TRUST

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investment earnings accruing to the benefit of the respective municipalities on behalf of which they act; and, WHEREAS, the Fund's assets can only be invested in instruments authorized by the Public Funds Investment Act, as amended; and, WHEREAS, pursuant to a Declaration of Trust, dated as of September 1, 1995, (the "Original Declaration") certain municipal treasurers (known as "Participants") entered into an agreement establishing an entity for joint investment for the purpose of combining their respective available investment funds so as to enhance the investment opportunities available to them and increase the investment earnings accruing to the benefit of the respective municipalities on behalf of which they acted, pursuant to the aforementioned constitutional and statutory authority; and, WHEREAS, the Original Declaration was amended and restated by adoption of that certain First Amended and Restated Declaration of Trust, dated as of July 1, 1996 (the Original Declaration, as amended by the Amended and Restated Declaration of Trust, hereinafter referred to as the "Declaration of Trust"); and, WHEREAS, no municipal treasurer shall become a Participant in the Fund unless and until such officer has adopted the Declaration of Trust and identified the municipality with respect to the funds of which he is acting; and, WHEREAS, the corporate authorities of each Participant's municipality must also authorize the Declaration of Trust; and, WHEREAS, the City of Decatur (the "City") deems it necessary and in the best interests of the City to participate in the Fund by having the City become a Participant. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, ILLINOIS: Section 1. That the preambles to this Resolution are hereby found and determined to be true, correct and complete and are hereby incorporated into the text of this Resolution by this reference as set out herein at length. Section 2. That the First Amended and Restated Declaration of Trust is attached hereto and by this reference incorporated herein and made a part hereof, is hereby adopted, and the City, is hereby authorized to become an additional Participant of the Fund. Section 3. That the Mayor and City Clerk and other officers or employees of the City are hereby empowered and directed to execute and deliver all documents, certificates and other instruments necessary to further the intent and purpose of this Resolution.