HomeMy WebLinkAboutResolutions - R-63-1 - 03/04/1963 - Water/Sewer Fund Government Securities 3414)3 R-La3- I
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1.1,.;;i:.., "''ater and :;ewer Func doTw>sits in the .Wien y
state ;ar =t are in excess : f amounts i,:r.ediately necessary for
operation of the ..aterworks and Sewer system in the City of
'.bc+!eery, and
• :AS, funds deposited in checking accounts draw
no interest, and
:-ZEAS, it is deemed to be to the best interests of
the City .to invest a. i>art of said fund in interest bearing securities,
+:fi';, 'r •' '?`:-;,;)Fp1 , IX. IT P' ' VF'J) that the "sayor, City Clerk
and City Treasurer be authorized t effect the rrurchase of `•,'>50,f Ylf).(Y)
. : 'Lk-wornx ent : ecurities. or *Henry State Bank Certificate,
Alderman Pitzen, seconded by Alderman Bolger, presented
the above Resolution and moved its a,r>ntion. '•Tpon roll call the
foll_owirk! aldermen voted "Yes": Pol:;Qr, Conway, Etten, i uck,
Pitzen, Snith. Voting ":e s intone. Absent: krone.
/- 2
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VI,RI, • . ,.i i,, :ITY. CL':ft?C
L4\ .i D: 'larch I1, 1963.
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