Sec. 106 Investment of City funds; State law.

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Southgate, MI Code of Ordinances

CODIFIED ORDINANCES OF SOUTHGATE, MICHIGAN

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Sec. 106 Investment of City funds; State law.

The Council may direct the Treasurer to invest any surplus funds belonging to or under the control of the City in such obligations, bonds and securities that are permitted by the statutes of the State of Michigan, in such amounts and issues as may be determined by the Council.

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