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HomeMy WebLinkAboutORD 1839BILL NO. 3 ORDINANCE NO. 1639 AN ORDINANCE TO REPEAL CHAPTER 19, TITLE I, SECTION 1 OF THE MUNICIPAL CODE OF THE CITY OF CALDWELL, COUNTY OF CANYON, STATE OF IDAHO AND ADD A NEW CHAPTER 19, TITLE I, SECTION 1, WITH REGARD`,. TO DEPOSITORIES DESIGNATED: REPEALING ALL ORDINANCES, RESOLUTIONS, OR PARTS THEREOF IN CONFLICT HEREWITH. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF CALDWELL, COUNTY OF CANYON, STATE OF IDAHO: Section 1. That Chapter 19, Title I, Section 1 be repealed. Section 2. That a new Chapter 19, Title I, Section 1 be added as follows: 1 -19 -1: DEPOSITORIES DESIGNATED: Joint Exercise of Powers Act Local Government Investment Pool; First Interstate Bank of Idaho, N.A.; West One Bank of Idaho, N.A.; First Security Bank of Idaho, N.A.; Key Bank of Idaho; Treasure Valley Bank are hereby designated as the official depositories of Municipal funds for the City. The Treasurer, or any other designated official, is hereby ordered, required, and directed to keep moneys belonging to or in the care of the City in one or several of the above named depositories. Section 2. All ordinances or parts of ordinances inconsistent herewith are hereby repealed. Section 3. This ordinance shall be in full force and effect from and after its passage, approval, and publication according to law. PASSED BY THE CITY COUNCIL of the City of Caldwell this 15th day of January , 1990. APPROVED BY THE MAYOR of the City of Caldwell this 15th day of January , 1990. ATTEST: Q eln— Ma7r City Clerk