Pursuant to the provisions of I.C. 5-12-1, the City Board of Finance is hereby established and composed of the Mayor and the members of Common Council. The City Controller shall serve as Secretary of the City Board of Finance. The Board of Finance shall meet after the first Monday and on or before the third Monday of January annually to meet and organize. After the first Monday and on or before the third Monday in February of each odd-numbered year, the Board shall meet for the purpose of designating public depositories for the ensuing two- year period.
(Prior Code, § 32.40) (Ord. 5-1987, passed - -)