CC - 1968 - 093 - Safekeeping of SecuritiesCITY OF ROSEMEAD
RESOLUTION NO. 68-93
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ROSEMEAD FOR THE SAFEKEEPING OF SECURITIES
1HE CITY COUNCIL OF THE CITY OF ROSEMEAD HEREBY RESOLVES
AS FOLLOWS:
Section 1. That Hubert Foutz, Treasurer of the
City of Rosemeadbe and is hereby authorized, acting alone .
to enter into an agreement in such form and with such tends
and conditions as may be agreed upon, and any renewals thereof,
with Security First National Bank for the safekeeping of
any property belonging to the City of Rosemead which may
now be in possession of or which may hereafter be deposited
with said Bank for safekeeping and from time to time to des-
ignate the persons to act under such an agreement. This
resolution shall remain in full force and effect until said
Bank is given written notice to the contrary at the office
where said property is held for safekeeping.
PASSED, APPROVED AND ADOPTED this 24th day of
September, 1968.
MAYOR OF THE CITY OF ROSEMEAD
ATTEST:
CITY CLERK