R 81
RESOLUTION # 81
. RESOLUTION DESIGNATING THE BANK OF AJlERICA, ARROYO
GRANDE BRANCH, AS TIC BANK IN WHICH ALL CITY' UONIES BE
DE-POSITED.
On motion of CouncilJllan Phillips, 2nd. by CouncilJDan
Schnyder, the fOllowing resolut.ion was adopt.ed by the
following vote on roll 'calll
"YSSI Councilmen Gibson, Phillips, Sclulyder and .1"h1, t.lock.
NOES I None.
ABSENT I Councilman Conrad.
Resolved that the Bank ot '.mericiil. ,\rroyo Grande Brancb,
be deaignat.ed as the Bank in which all City mODie. be deposited.
,
,,180 that the sum of', $10,000.00 be deposited as an
in - active account, to bear interest. at the rate of' J.$.,
Passed ano adopt.ed ata regular meeting of' the C1 ty'
Council held this 21st.. day ot September 1938. .
(JJ. CE. ~
" ty lerk
.