Title 3 - Revenue and Finance
3.28 Investment of Idle Moneys
3.28.040 Sale or Transfer.
If, in order to maintain sufficient moneys on demand deposit in any fund, as provided in Section 3.28.020, it becomes necessary to transfer or sell any securities of such funds, securities may be transferred or sold in accordance with any resolutions adopted by the Governing Body or policies issued by the City Manager.
(History: Ord. No. IIM-3307 §3, 2020; Ord. IIM-1770 §4, 92; IIM-115 §4, 61)
Effective on: 1/1/1901