HomeMy WebLinkAbout1988-11-28 89-10 ORDINANCEDate 11-1 A -AH' Item No. 89-10
Item/Subject: Amending Chapter I, Article 3 -- Investment Advisory
Committee
Responsible Department: Legal
Commentary:
It has been determined by the Finance Director that the
Investment Advisory Committee iso longer needed. The
Coaenittee has met, reviewed the issue, and has voted to
recommend to the City Council that it be abolished.
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Associated Information:
Bud Oe[ ApPmval: iJ-
Finv m D' e
Legal Approval:
ny Sordror
Introduced For
❑Passage
P�gFw5t Reading Page _ of
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89-10
"iPalft)(10111WROr Tilley, November 28, 1988
CITY OF BANGOR
(TITLE.) 1l rbjnMtCPy Amending Chapter 1,Article 3 Investment
11 .,..
1...........
Advisory Committees
Be it ordaiud by the City Council of Us City ofBatwwr, as "mov
— THAT the provisions of Chapter 1, Article 3, Section 6,
Subsection 6.1, together with Paragraphs 6.1.1 and 6.1.2, of
the Ordinances of the City of Bangor be repealed.
STATEMENT OF. FACT: The purpose of this amendment is t0 repeal
fisting provisions providing for the establishment and "operation
of the Investment Advisory Committee.
In City Council Navember 28,1988
lot Beading
In City Council December 12.1988
Passed
vote 9 Yes
Voting Yes
Blaucbette,Bngland.Sauyer
Saxl, Shubert.Sosoaud,Stone
J Sullivan,Tilley
itylerk�
89-10
ORDINANCE
TIll,E ) Amending Chapter I Article 3
'investment advisory Committee
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