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HomeMy WebLinkAboutAuthorizing the Controller to Invest Certain Idle Funds During Year 1984 RESOLUTION No. 1114-84 Passed by the Common Council of the City of South Bend, Indiana, January 23, 19 84 Attest: K City Clerk Attest: /-6...Atit-C1-- • `��1��./�-���President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana January 24, 1984 e" lr ,-../ City Clerk Approved and signed by me 1/!%(/�/�.) 5 19 el. . F��""�/° "/C--- Mayor • RESOLUTION NO. i l l k -g 4 A RESOLUTION AUTHORIZING THE CONTROLLER OF THE CITY OF SOUTH BEND, INDIANA, TO INVEST CERTAIN IDLE FUNDS DURING THE YEAR 1984 IN ACCORDANCE WITH IC 5-13-1 . WHEREAS , there are certain idle funds of the Civil City of South Bend which may be invested for periods of time without affecting the operations of the various departments of the City, and; WHEREAS , IC 5-13-1 enables the Controller or his designee to invest such idle funds with the approval of the Common Council . NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: SECTION I. That during the calendar 1984, the Controller or his Chief Deputy invest certain idle funds of the Civil City of South Bend for such periods of time that he/she determines are not needed for the normal operations of the various departments of the Civil City. SECTION II. This Resolution shall be in full force and effect from and after its passage by the Common Council and its approval by the Mayor. FILED IN CLERK'S OFFICE JAN 181984 Irene Gammon CITY CLERK,SOON BEND,IND. PRESENTEE! ., a3- l NOT APPROVE6 ADOPTED 1 -a 3 -g�I � / Member of Common unci