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Authorizing the City Controller to Invest & Reinvest Certain Idle Funds and Authorizing Conduct the City's Business Financial Institutions Through the use of Electric Fund Transfers
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Authorizing the City Controller to Invest & Reinvest Certain Idle Funds and Authorizing Conduct the City's Business Financial Institutions Through the use of Electric Fund Transfers
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5/11/2015 8:17:53 AM
Creation date
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
12/19/1994
Ord-Res Number
2204-94
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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 />�F' I <br />FA roe V, Wit'ViON I <br />DEC 14 <br />PRESENTED 12 �so. PEN% IN. <br />NOT APPROVED <br />ADOPTED /2—/9 <br />
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