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documentation of the transactions affected by electronic funds <br />transfer so that they may be audited as provided by law. <br />SECTION V. The City of South Bend, in accordance with I.C. <br />4- 8.1- 2 -7(c), elects to receive distributions from the State of <br />Indiana by means of electronic transfer of funds. <br />SECTION VI. The Controller of the City of South Bend is hereby <br />authorized to contract with a depository institution for the <br />operation of a cash management system. <br />SECTION VI. This Resolution shall be in full force and effect <br />from and after its passage by the Common Council and approval by <br />the Mayor. <br />PRESENTED / --,22 - 96 <br />NOT APPROVED <br />ADOPT-M -,?2.-96 <br />Member of the Common Council <br />Red �Nvll* Office <br />JAN 161996 <br />WYCLEK30.9ENV M. <br />