HomeMy WebLinkAboutCity Council Minutes 01/05/191294
Counci -1 Chambers.- City Hall.
Petaluma, Cal Jan. 5th 1912
7.30 P. If.. -
Minuted of 'a special meeting of the City Council called
by .order of the Mayoxt: Ito Establish th-e rate of Intreat on
public fundsMayor Zartman presiding.
ROLL- CALL.
The Clerk called the Roll and the following' Membe -rs
. answered to thier names: Councilman Walsh, Gossage, Fredericks,
St,radling, Healey and Mayor Absent Councilman Kercheval.
REPORT OF OFFICERS.
City off: Petaluma,, Count -t o f Sonoma., State o f California.
January 5th '1912.
To the Council of th City fo Petalumas ..
Gentlemen:
We the undersigned, duly elect -ed., qualified and acting ,
officers of the City of Petalum ;q County of Sonoma, State of x
California., under - and, by the virtue of 'the COUNTY AND MUNICIPAL.
DEPOSIT ACT. Approved March 23 rd 1907, do hereby,fix the rate
of lntrest to be paid upon all moneys deposited 'in the several banks"
as selected by the Oity Treasurer, b`y and under the provision of l
said act, at 2 % per annum upon the daily balance deposited; and
the same shall be the uniform ra.t.e of nt,rest required from a].1
banks receiving deposits from the city for that year..
- :H-a -
------------- Mayor .Mayor of the City of Petaluma '
--- -F:` -BrB ng gya -__ -- - - - - -- "
Auditor of .the City of Petaluma.
- - -- -_- - Treasu'rer of the City of Petaluma.
dated at Petaluma, January 5th .1912.
RESOLUTION 223.
Int'roducted by Councilman W.M.. Zartman at a _cabled meeting
of the City .Council of the City of Peta.l:uma on.th,e 5th day of
January 1912.
Be .� resolved that the treasure b.e and he ins hereby directed
to deposit, the City funds at the times and #n the manner
prescribed in that certain act known a.s the and Muni.cipaL
Deposit ,Act approved March 23rd 1907 at t► rate of interest set'
forth in the recommendation 'this day made and filed by the Mayor
Auditor, and Treasurer, of the City of Petaluma.
Seconded by M.H.Fredericks. RP.H.?artman/
VOTE.
Ayes.: Councilman Walsh, Gosaage, Fredericks', Stradling, Healey
Mayor Zartman,.
Noes :,None
Absent Councilman Kercheval.
At, G- st ADJOURNMENT.
On motion of Councilman Walsh, seconded, by Councilman.Gossage.
the meeting adjourned.
Attest
er
Jan 5th 1912.
� - - --
Mayor.