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Res 1988-140
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Res 1988-140
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8/10/2007 3:58:03 PM
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City Clerk
City Clerk - Document
Resolutions
Number
1988-140
Date
12/12/1988
Volume Book
93
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<br />Overview of <br />The Public Funds Investment Act <br /> <br />0 Bidding on investments. <br /> <br />- Competitive bids must be from at <br />least three banks. <br /> <br />- Bids may be submitted orally. <br /> <br />- City must attempt to solicit bids <br />from local banks initially. <br /> <br />- If there are not three banks <br />available, the City may go to <br />other banks within the county. <br /> <br />- If there are not three banks <br />available, within the county, <br />the City may go to other banks <br />within the state. <br /> <br />4 <br />
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