All disbursements from the Jackson Township Court General checking account (xxxxxxxxxx0161) and the Jackson Township Court Bail checking account (xxxxxxxxx4185) shall be made by checks signed by any two (2) of the following three (3) individuals:

Municipal Court Judge, Daniel F. Sahin

Municipal Court Administrator, Camille Elluzzi

Deputy Municipal Court Administrator, Amy DeJesus

All disbursements from the Jackson Township Tax Sale checking account (xxxxxxxxxx4516) shall be made by checks signed by any one (1) of the following two (2) individuals:

Tax Collector, Michael Campbell

Chief Financial Officer, Sharon Pinkava

Any disbursement checking accounts not specifically authorized by this resolution shall be considered null and void. All funds in said accounts shall be immediately transferred into the Current Fund account. Any individual attempting to establish or use an unauthorized account shall be subject to criminal prosecution as provided for by law and/or disciplinary action as provided by Administrative Code.

It is the policy of Jackson Township to maximize its investment earnings potential while preserving capital in secured investment programs authorized by the State of New Jersey’s Fiscal Affairs Law. The governing body of Jackson Township permits the Chief Financial Officer to:

Secure State and Local approved interest bearing checking funds protected through collateralized securities authorized by the Government Unit Depository Protection Act.

Promote a diverse authorized Investment program approved by the State of New Jersey as subject to market conditions through various bank and agency acquisitions to include:

Guaranteed bonds and obligations of the United States of America

Government Money Market Funds

Any Federal Agency or Instrumentality authorized by Congress

Jackson Township Board of Education Bonds or Obligations

Obligations permitted by the Division of Investments

Local Government Investment pools (E.g. NJ Class, NJ/ARM)

New Jersey Cash Management Fund

Authorized Repurchase Agreements

All municipal investments will meet rigid State and local standards to protect Jackson Township's taxpayers. Investments will be selected based upon a criterion to include guarantee as to the preservation of the principal, liquidity and maturity management to ensure cash conversion for needed municipal expenditures.

One (1) certified copy of this resolution to the Chief Financial Officer.