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HomeMy WebLinkAboutAuthorizing the Controller of the City of South Bend, to Invest Certain Idle Funds During the Year 1983 RESOLUTION NO. 1024-83 Passed by the Common Council of the City of South Bend, Indiana. January 10 , x 83 Attest: ( �" /c � `°"� City Clerk Attest: i_ t —�--_• ��- .0 President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana January 11 . x983 City Clerk Approved and signed by mr x9 e3 1 Mayor RESOLUTION NO. I O a cJ S' 3 A RESOLUTION AUTHORIZING THE CONTROLLER OF THE CITY OF SOUTH BEND, INDIANA, TO INVEST CERTAIN IDLE FUNDS DURING THE YEAR 1983 IN ACCORDANCE WITH IC 6-13-1 . 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 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 1983 , the Controller or his Chief Deputy invest certain idle funds of the Civil City of South Bend for such periods of time that he 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 CLEWS OFFICE PRESENTED /-/Q - e3 JANV 983 NOT APPROVED ADOPTED /-/a • 83 Irene Gammon CITY CLERK,SOUTH BEND,IND.