CC - 1960 - 34 - Agreement for Inactive Depositr-~
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RESOLUTION N0, 60 - 34
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A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ROSEMEAD AUTHORIZING AN
AGREEMENT FOR INACTIVE DEPOSIT OF
CERTAIN MONIES IN A SIX MONTH TERM
DEPOSIT.
THE CITY COUNCIL OF THE CITY OF ROSEMEAD DOES
RESOLVE AS FOLLOWS:
SECTION I. WHEREAS it appears desirable to
deposit the summa-$75,000.00 dollars in a Six Month
Term deposit with the First City Bank of Rosemead;
NOW, THEREFORE, BE IT RESOLVED that the Treasurer
of the City of Rosemead is hereby authorized to accomplish
the foregoing at the earliest practicable date.
PASSED AND ADOPTED this 21st day of June, 1960.
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A A
ATTEST:
F TH T F ROSEMEAD