093048 MINUTES
of ~he City of Sanford, Florlda, met
City Mall In the City of Sanford, F~orXda at 4:00 O'clock p yin adjourned session at the
Present: Commissioner Lea R. Lesher, Acting ~ayor. September 30, 19~8.
· # Andrew Carraws,y
John Krider Sr.
City ~anager & Clerk H N S~yer.
Absent: Commies!crier Robert A Williams, ~ayor.
#
Randall Chase.
~eeting called to Order by the Chairman.
Further consideration next given to Cashing the $5,000.00 U.S. Defense Series ,,G#
Bonds Nos ~208???SG/?RG' owned by the Ordlnary Fund, in order to have sufficient funds to
PaY the current operating expenses for balance of fiscal year endlng September SO, 19~4~.
These bonds having been purchased for an investment of Said Ordinary Fund under date of
Feb 10,
Thereupon after considerable discussion and on advice of the Clerk that there are
Public
funds in the/Projects Punds that cOUld be lnvested In Government Bonds, Commissioner
Krlder moved that the Clerk beauthorlzed and dlrected to purchase for an investment
for the Public Projects Fund, the said $5, OO0.OO U.S.Defense Series "G" Bonds from the
Ordinary Fund.
Seconded by Commissioner Carraway and carried.
There being no further buslnese the meeting adjourned.
Attest:
- ,..__ <~-~- ~ ~'~'~:-E.~"~.-~
'~lty~Clerk.?:'
A~t lng Ma~Vor.