§ 54-71. Sale or transfer.  


Latest version.
  • If, in order to maintain sufficient moneys on demand deposit in any fund depository, it becomes necessary to transfer or sell securities, any two of the above-named officers, as specified in this article, may transfer such securities or sell such securities, and for such purpose they shall have the authority to make any necessary written direction, endorsement or assignment for and on behalf of the city.

(Prior Code(2), § 3.16.040; Ord. No. 3473, § 1, 1989)