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RE30Lt~TIO~i h0. 2217, <br />BY: I~fr. Laapp. LDTIflI~ 3~STIl~ATIDG lI~D11DT <br />QF ACTIN DD3ItD~ATI~G <br />D8P03ZTmRY FOD SDCH FD~(DwS. <br />the d®ntract hetween the City of xerth fl]statad, <br />Ohio, sad the ltat~eaal City Dank of Clevela~t, flhia previdiatg for <br />the deposit of the actived funds of said City in aei~ l~nlt gill es- <br />pire danxary 2, 195b, an <br />i~~A3, it is seaesaary that this Cecil deaiga~ate an <br />a~ficial depository f®r the active faaida of the City, sad <br />W~~,l~, it is eati~ated that the ~axia~ot aaaunt of ash <br />fuA,ds ®n deposit at any ti.~e during said period mil be appre~r~.tately <br />$30®, D4©.0fl, and <br />WA3, the Dat4na]. City Bank of Cleveland, Qhie+, has <br />filed its applicati®n tc~ he¢e dep®aitory for said fuada. <br />DDS T F08T, DB IT RE3D DY TAE CQDDCI~ flF TD$ CITY <br />flF Y4xTli flI~ED, E?DIfl, that <br />t That the ~ation~tl City Desk ®f Cleveland, phi®, <br />Berth 4iaaa~~~ i-e awd it is h®rehy desi~;aatad as ~taaito~ry f+~r <br />all wf the acti~• fads for the City ®f forth fllnsted fhc aWd during <br />the twa- year period beginning danuary 2, 1956 and end~sg deanery 2, <br />1951. <br />Be it farther reaol®ed that said deposit®ry shall deposit <br />with the Treasurer ®f said City as security for the repaint of all <br />active Boni®a deposited frith it during said period proper a~i saf- <br />ficient securities as provided by the laws of the :Mate ®f ~hi+~. <br />The application t® beceaYe deposit®ry of the active funds <br />of the City swatted t® this Council by the gatienal CitT ~enlt of <br />Cleveland, Ohio aid attached ` heret® and this 1~esolttti~ ds mating <br />the Dank as snc~ depasta-ry shall be dewed a ceatradt ~#a~rean said <br />Dank ago the City of Dsrth fllnated, E~hio sad lie a valid an+~ it <br />®bligatica en said p~ ies f®r the perie~ hegisning daanary ~, 195b, <br />and ending January 2,~195~• <br />This is an energsncy seaaare asceasary f@r the <br />preservation 'e pnhlic health, peace sad Welfare sad tee previde <br />fer a dep®ait®ry f®r the active f~da ®f said City. <br />PAS3SD: December ~ o , 1955• <br />ATTDS'T :: <br />_..,, ~ ~ <br />, S ~!, - 1~~1C <br />APP~fl~D:: <br />e~ ,' d~ yor <br />,~u.,9. <br />