3808 - 39 Invest certain monies not needed in obligations of the City

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~iI/ANOE NO. 0808 ~ Nr. Fairgrieve AN EMFItOR~C~ OHD~ tO provide t~mt certain th~ tr~s~y of the Ol~y ~ ~kewo~, ~Ch Will not Be 38~ on ~ $~ of ~fl i939, to p~ovide fo~ ~e Iss~E of bonds the ~ of $~FJ, iT/~}I~ ~I0~ DO~ ($7~0~,~) to Pro~ m~eys in a b~k o~ ~kS, to invest e~ to t~ extent of S~'~ ~OU~ DO~ ~Z ~e Director of A~ee ~d Dire~t~ of aw of the ~ a atat~t tz~amu~ or ~ ~ p~ooesm of oo~eotion~ probable ~eq~r~nts of ~e ~ey for ~es of t~ ;perl~ not less ~ S~x ~, wl~ a ~omm~tion ~y moneys ~ ~ t~as~y Sho~ ~e invezte~ W~;i~AS, the subject ~t~r of t~a ord~oe to p~vide for ~e ~ne~te preae~atl~ of safe~ ,~d to ~ide for ~e ~1 daily o~ra~en of a m~ici~l do~r ~ent · 0F ~W~D, 0HI0~ ~o-~s of all ~bers t~reof Seoti~n le FOr ~e re~monm stated ~ ~e ~re~ble hereof, ~ ~Yo~, Directo~ of ~w ~d D~eo~o~ ~ ~'inanOe ~e he~ authoriz~ tO order ~e invemtm~t ~ moneys in the treas., ~q~red for s~ m~a or ~rem In obituaries of tho City Dm~'IT~ ~Q~P~T A}~ F~IING BON~" tn ~ s~ of ~N~-F~E THOU ~7~,~,~ ~e issues of ~i~ ~nda ~s au~Aorlzed ~ ~e adoption of ~ee No, ~ ~ ~e 3rd day of ApriX at t~ rate of ~te~st ~in Section ~. Su~h investment shall be made in the manner provided by Xaw, section ~, ~ ~eo~Or of~ Fln~oe ~11 m~In~in ~ account to be ~n as ~e "Trea~ ~vea~nt Accost" :~ w~ he al~ll ente~ all t~saetlons relating to ~ Investor of treas~y f~ aa provided In ~eottons 4~6-1 a~ 4292-1 of ~xe O~eral Code of Ohio. Shall also :~inta~ G ~oo~ as ~eq~ by statute ~ d~lloate of ~1 Paym~ta ~tered ~'~ere~. shying all bonds or o~r seo~ities or s~ for t~ accost of the ~as~ with the n~ber, ~t~=:L~ da~e and interest r~te of eaoh~ He ~mll a~o keep a reoo~ of the n~ber ~d m~t~l~y of all interest eo~ons ~d whenever, ~2 su~ sec~Ittes om interest coupons are due. shall issue his ~er fo~ ~e collecti~ of the ~me in ~e $~ ~ner as o~her receipts ~'e collected. ( Seetlon 4, t~e securities belonging to the treasury of t~ City Or tO ~ny fund ther~of~ other th~ ~e ~in~ F~d, a~ll ~ in eafe~ deposit box or ~ vault belong ~ a reg~ar city depoaito~.