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RESOLUTION No. d%Z
1
i
2 v1HEREAS. certain of the funds of the City of Kent have heretofore
3 been invested in United States three year Treasury notes, Series
4 c, and
5 WHEREAS, certain of said Treasury notes have matured and have
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~·en redeemed, and the City Treasurer has received the princip~l
%.. ~ount of said notes together with interest accrued to the date
4 at ma.tur i ty, and
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jP;: . 9 1._,.,...,.,..,EAS, the monies so received should be credited to the proper : { ,t ; /·r ~ ? -~ 0 ~) ~,-
~ ~1 ._,{ p.2~ qmT IN REGULAR MJl~ETIUG ASSIKBLED:
~s of the Cit~, under Resolution of the City Council;
~ ~
1\f,; TlfFi'~EFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
' {,f .· . l -:i~ . '" ~13 1 ~-~t\ the City Treasurer is hereby authorized and directed to deposi
14 he monies reoed:.ved on the redemption of said Treasury notes to
15 following funds of the city in the amounts of principal
16 interest set opposite the name of said ftlnd, to-wit:
17 Name of Fund Principal
$4,000.00
19 6,000.00
20 iVater 14,'000.00
21 Var Liquor Tax 3,000.00
22 Building 2,500.00
23 umulative Reserve for
:Materials ani SUpplies 2,500.00
24
25 ssed the 2nd. day of February, 1948.
26
27
28
29
30
31
Interest
$129.60
194.40
453.60
97.20
81.00
81.00