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Peter H. Mullen <br />Director, Administration and <br />Finance <br />CITY of SOUTH BEND <br />PETER J. NEMETH, Mayor <br />COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 <br />219/284 -9742 <br />Members of the Common Council <br />4th Floor Council Chambers <br />County City Building <br />South Bend, Indiana <br />Dear Council Members: <br />December 12, 1977 <br />We are submitting a resolution for your consideration at <br />the December 19, 1977 Council Meeting. This resolution <br />authorizes my office to invest idle funds within the <br />community. <br />This resolution will give us the authority to earn the <br />highest possible interest rates available at the time of <br />investment, and said interest rates will be re- deposited <br />to the funds from which the investments were made. <br />Your approval of this resolution will be appreciated. <br />