HomeMy WebLinkAboutO-272ORDINANCE - 272
MUNICPPAL FUNDS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAIRHOFE, ALABAMA,
tha t i n pursuance of Sec t i'on l�) 8, T i t I e 37, 1958 C ode of ,A I abama, recomp i I ed,
the City Council requires that security be given on public moneys of the
City of Fairhope deposited in banks.
In the event that the deposits in any one bank are adequately
covered by the insurance or security of the Federal. Deposit Insurance
Corporation, no separate surety agreement shall be required.
This Ordinance shall be ef,f6ctive on the 9th day of January, 1961.
Adopted and approved this the 9th day of January, 1961.
e Schnei e , Mayor
S
�1
Marie Moore, ity ler
I, Marie ",400re, Clerk of the City of Fairhope, Alabama, do hereby certify
that the foregoing is a true, correct and literal copy of Ordinance? #272
duly adopted by the City Council on the 9th' day of January,. 1961 as the
sane was entered in the Minute Book of the City of Fairhope, Alabama, that
such Ordinance was duly published as required by law.
Dated this the )4a-day of 1961.
Clerk oK the Uity of F alirhope, Alabama