HomeMy WebLinkAboutAuthorizing the Controller to invest certain idle funds during the Year 1981RESOLUTION
NO, 853. -81
Passed by the Common Council of the City of South Bend,
January 26, 19 81
A�
Presented by me to the Mayor of the City of South Bend, Ind'ana
January 27, �9 81
Approved and signed by
Clerk
of Common Council
19--E/
Clerk
RESOLUTION N0. ,,�
A RESOLUTION AUTHORIZING THE CONTROLLER OF THE CITY OF
SOUTH BEND, INDIANA TO INVEST CERTAIN IDLE FUNDS DURING
THE YEAR 1981 IN ACCORDANCE WITH CHAPTER 9 OF THE 1945
ACTS OF THE GENERAL ASSEMBLY OF THE STATE OF INDIANA,
`AS AMENDED.
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, Chapter 9 of the 1945 Acts of the General Assembly of
the State of Indiana enable 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 1981, 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 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.
0000 -0 / - _q (0 _e I
NOT APPROVED
ADOPTED 0 — --,26 ..._°%
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tuber f the Common C V, it
FILED III CI.ER71'S OFFICE
AN 2 1 198
Irene Gammon
CM CLEM, $WIN BEND, IND.