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Exhibit A of Ordinance No. 1963, passed 12-17-18, which is incorporated herein as if set out in its entirety, is a list of designated depositories which the village designates as depositories for the funds and money of the village as set forth in § 34.42. The Exhibit can only be changed with the approval of the corporate authorities.
(Ord. 906, passed 6-17-96; Am. Ord. 1744, passed 5-6-13; Am. Ord. 1963, passed 12-17-18)
All the banks and investment pools listed on Exhibit A of Ordinance No. 1963 are qualified to receive funds and money from the village when they have furnished the corporate authorities with:
(A) Their most recent audited financial statements;
(B) Proof of National Association of Security Dealers Certification for brokers;
(C) Proof of State Registration; and
(D) A copy of all statements of resources and liabilities which it is required to file with the Commission of Banks and Trust Companies or to the Comptroller of Currency or the Federal Deposit Insurance Corporation (FDIC).
(Ord. 906, passed 6-17-96; Am. Ord. 1744, passed 5-6-13; Am. Ord. 1963, passed 12-17-18)
Any person convicted of violating § 34.07 or any provision thereof shall be fined not less than $50 nor more than $500 for the first offense and not less than $100 nor more than $500 for the second and succeeding offenses. Every day upon which a violation exists shall be considered a separate and distinct violation. In addition, the village shall have all such other rights and remedies as may be available to it at law or equity.
(Ord. 739, passed 11-16-92)