HomeMy WebLinkAboutResolution 2857 N.C.S. 10/16/1961 ,..,,i' EER:aw 10/16/61
Resolution No 2,85,7 N.C.s.
RESOLUTION AUTHORIZING THE CITY TREASURER
TO INVEST IDLE WATER DEPARTMENT FUNDS. .fn
INTRODUCED BY COUNCILMAN /+ �� _ At .,�,,�ci1�Regular Meeting of
the City Council
y(o�/f/�/ y the City of Petaluma on the 1.8-t h day ..
.of October 19...61
WHEREAS, the Petaluma Water Department has certain funds
established by Resolution 2260 N.C.S. , and in these said funds, there are
monies not immediately necessary for Water Department use,
NOW, THEREFORE, BE IT RESOLVED the Treasurer, be, and
he is, hereby authorized to invest Water Department Funds in promiseable
United States Government obligations and securities, in a total amount not to
exceed $175, 000.00.
under the power nd uthority conferr upon this Council by the Charter of said City.
f f� ✓d1 / i f�/ COUNCILMEN VOTE
Seconded by-- -,-� +� --1': �i-'.�';l'� k/j
_ Ayes Noes Absent
U Councilman Kenneth J. Cohn
I hereby certify that the -foregoing resolution was duly and L
regularly introduced and adopted by the Council of the City of " Marino P. Crinella
Petaluma, on the 16th day-of October 19 61, by Thomas J. Ellis, Jr.
the following vote: (� �'
" Milton A. Gustafson t.-
(SEAL) ( c v Ccea a f�tf �iz.i...
Mayor of the City of Peta[uma ., John J. King. IV
/' Norman P. Van Bebber
Attest ' `-.€1211('b -1' Lt/& n_ Mayor Everett A. Matzen
City Clerk Y
t