R 77
RESOLUTION # 77
,4. RESOLUTIUN DESIGNA'fING THE BANK OJ' AMERIC'\, ARROYO
GRANDE BRANCH, AS THE BANK IN WHICH ALL CI1'Y,MONIES
BE DEPOSI'rED.
On Motion ot Councilman 'Mood, and, seconded by
Councilman Nhitlock, the :following resolution was
adopted by the :following vote.
'\ThS. Councilmen, Gibson, Phillips, Schnyder, 'Nhitlock and Wood.
NOES. None.
t,baentl None.
Resolved, that the B.nk of "merica, Arroyo Grande Branch,
be designated as the Bank in which the Ci~ Treasurer deposit
aU. City monies.
,~lso that the sum of $6,000.00 be depoa1ted as an in-active
account, to bear interest at the rate of ~ ( One 'er Cent)
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