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HomeMy WebLinkAboutAuthorizing the Controller of the City to Invest Certain Idle Funds During the Year 1982 in Accordance with IC 5-13-1 RESOLUTION NO. 945-82 Passed by the Common Council of the City of South Bend, Indiana. February 8 , x9 82 Attest: City Clerk _ Attest: - � President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana February 9 . xg 82 City Clerk Approved and sired by mr '] xg I Art / Mayor RESOLUTION NO. 994, -rcg A RESOLUTION AUTHORIZING THE CONTROLLER OF THE CITY OF SOUTH BEND, INDIANA, TO INVEST CERTAIN IDLE FUNDS DURING THE YEAR 1982 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 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 year 1982, the Con- troller 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. Member of the Common Council FILED IN CLERK'S OFFICE PRESENTED % _g FEB is e2 NOT APPROVED Irene Gammon ADOPTED - FC - ITY CLERK,SOUTH BEND,IND.