HomeMy WebLinkAboutORD 59• ORDINANCE NO. 39
An ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
PALM DESERT, CALIFORNIA, CONSININC THE OFFICES
OF CITY TREASURER AND FINANCE DIRECTOR
The City Council of the City of Palm Desert, California,
DOES HEREBY ORDAIN as follows:
SECTION 1: That the office of City Treasurer of the City
of Palm Desert, California, be and the same is hereby combined
frith the Director of Finance of said City.
SECTION 2: There is hereby established in the City of
Pala Desert, an Investment Committee consisting of the City
Treasurer, City Manager, and one member of the City Council
which will make decisions with regards to investments and
deposits of monies determined by the Director of Finance to
be available as set forth in Ordinance No. 30 of said City.
SECTION 3: The City Clerk of the City of Palm Desert
is hereby directed to cause this Ordinance to be posted in
three public places, in accordance with Resolution No. 74-17
and Section 36933 of the Government Code of the State of
California.
PASSED, APPROVED and ADOPTED this Sth day of
December , 1974, by the City Council of the City
of Palm Desert by the following vote:
AYES: Aston; Benson; Brush; McPherson; Clark
NOES: None
ABSENT: None
ATTEST:
AKVEY" r . y �-fer t
City of Palm Desert. California