O-25-35 MIAMI SHORES VILLAGE ORDINANCE NO,�g%or
AN ORDINANCE* CREATING THE OFFICE OF COMMISSIONER OF
FINANCE OF MIAMI SHORES VILLAGE APPOINTING DR. CHARLES
D. CLEGHORN AS COMMISSIONER OF FINANCE OF MIAMI SHORES
VILLAGE TO OCCUPY SAID OFFICE AND DEFINING HIS DUTIES
IN CONVECTION THEREWITH.
BE IT ORDAINED BY MIAMI SHORES VILLAGE:
WHEREAS the funds of Miami Shores Village on deposit in
the Little River Bank & Trust Company have reached such a figure
that it has .become necessary to request additional security by the
bank to protect said deposit, and
WHEREAS in accordance with the rules and regulations of
said Bank it is necessary that three signatures of officers of the
Village are necessary to apply and procure such security, and for
other matters in connection therewith,
NOW THEREFOREq BE IT ORDAINED BY MIA I SHORES VILLAGE:
SECTION 1. The office of Commissioner of Finance of
Miami Shores Village be, and the same is hereby created for the
purpose of complying with the rules and regulations of said Bank
as above described in connection with the procurement of additional
security to properly protect and safeguard the moneys on deposit
in said Bank belonging to said Village.
SECTION 2. That Dr. Charles D. Cleghorn, a member of this
Council is hereby appointed as Commissioner of Finance of Miami
Shores Village to fill said office as created above, and he shall
sign and executes with other officers of the Village as required by
said bank., all necessary instruments and documents relating to the
procurement and retention of additional security for the protection
of moneys of Miami Shores Village on deposit in said bank as afore-
said, and to perform and act in any other matter or happening in
connection with the same.
SECTION 5. The powers of the said Commissioner of Finance
as provided herein shall be strictly interpreted and is expressly
limited to the authority herein vested in him.
SECTION 4. Each word, phrases sentence or section of this
ordinance shall be severable end the invaliditv of anv word. nhrasp.
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