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RESOLUTION N0, .50 �L-7 6 <br />A RESOLUTION AUTHORIZING THE CONTROLLER OF THE CITY <br />OF SOUTH BEND, INDIANA TO INVEST CERTAIN IDLE FUNDS <br />DURING THE YEAR 1976 IN ACCORDANCE WITH CHAPTER 9 <br />OF THE 1945 ACTS OF THE GENERAL ASSEMBLY OF THE STATE <br />OF INDIANA, AS AMENDED. <br />WHEREAS, there are certain idle funds of the Civil City of <br />South Bend which may be invested for periods of time without affecting <br />the operations of the various Departments of the City; and <br />WHEREAS, Chapter 9 of the 1945 Acts of the General Assembly <br />of the State of Indiana enable the Controller to invest such idle funds <br />with the approval of the Common Council; <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the <br />City of South Bend, Indiana: <br />SECTION I. That during the calendar year 1976, the Control- <br />ler invest certain idle funds of the Civil City of South Bend for such <br />periods of time that he determines are not needed for the normal opera- <br />tions of the various Departments of the Civil City. <br />SECTION II. This Resolution shall be in full force and effect <br />from and after its passage by the Common Council and its approval by the <br />Mayor. <br />NOT APIP „ZQVE[) <br />ADOPTED I- S - ?G <br />- P_,Z2� <br />Member of the Comm Council <br />FILED IN CLERK'S OFFICE <br />DE-0 3 11975 <br />Irene Gammon <br />CITY CLERK, SOUTH BEND, IND. <br />