HomeMy WebLinkAboutResolution 36-54 · WHEREAS, the City T~easu2e~ has ~his day been duly
authorized ~o sell $__~oL~~ ~Eme~geng~ Dsb~ Oertifioate, ~o
'at the rate of~six per cent 'per Snn~m, payable at maturity of
salad certificate, ~and both Pri~Cipa! and interest to bec~me due
'~%, ',.t.~.:~ :.~~AS, me~e is s~'c'i'ent money in the Sinking~nd
to.~s~e~ ease 0t the, d~mand~S ~e~e[~/;./a~nd it is dest~,ble S~
benefi~i.~l.,to:the City :of O01~$i~'.~Helgh~s, to inve~t~ moneYs in
the Sinking ~nd. in said ~e~genoy ~b~ Certiftcate'l
NOW T~HEFo~' BE IT R~sOD~D,(by th~ City C6uncil of the
City 'of ColUmbia"heights tha~'$ ~o'~ 'of the~Sinking Fund be
invested in said Emem~eney ~bt Certificmte. Upon the m~tu~ity
of said Certificate,. the amount thereof and interest, is to be
~eturned forthwith.to the Sinking ~nd. '
~ IT F~R RESOLVED the t the City Treasurer be 8nd she
hereby is authorized and direct~ed to make the necessary investment
in accordance with this resolution,
Adopted October 9, 1935.
S~° ~ded --
co e~ rY ~o ~hb Co. cji. ~