The City Manager, the City Solicitor and the Director of Finance shall constitute an Investment Committee, which shall investigate all investments of surplus funds of the City and shall recommend to Council its findings and the disposition thereof, and the kind of investment or investments which should be made in regard thereto, as is permissible under the law and for the best interests of the City.
(Ord. 22-52. Passed 5-23-52.)
(Ord. 22-52. Passed 5-23-52.)