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Home My Public Portal AboutORD 186-08-14_Depository Ordinance_10212014Instrument # 1486897 IDAHO FALLS, BONNEVILLE, IDAHO 124-2014 04:36:15 PM No. of Pages: 3 Recorded for : CITY OF IONA RONALD LONGMORE Fee: 0.00 Ex-Officio Recorder Deputy �J Index to: ORDINANCE ORDINANCE NO. 186-08-14 AN ORDINANCE OF THE CITY OF IONA, IDAHO; AMENDING SECTIONS 1-13-8 AND 1-13-11 OF THE CITY OF IONA, IDAHO, RELATING TO THE DESIGNATION OF OFFICIAL DEPOSITORIES OF THE CITYAND INVESTMENT OF SURPLUS OR IDOL FUNDS OF THE CITY; PRESERVING PRIOR ORDINANCE; PROVIDING FOR METHODOLOGY; PROVIDING FOR SEVERABILITY AND ESTABLISHING AN EFFECTIVE DATE. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF IONA, IDAHO THAT: Section 1. Amendment of Section 1-13-8 of the Iona City Code: Section 1-13- 8 of the Iona City Code is hereby amended as follows: 1-13-8: DESIGNATION OF DEPOSITORIES: The following financial institutions are hereby designated as the official depositories of the City: Zions Bank, N.A., Bank of Commerce, Key Bank and Westmark Credit Union. Notwithstanding the foregoing, the Council may designate other depositories by ordinance or resolution. All such deposits shall be subject to the limits set forth in Idaho Code §§ 50-1013 and 67-1210. Section 2. Amendment of Section 1-13-11 of the Iona City Code: Section 1- 13-11of the Iona City Code is hereby amended as follows: 1-13-11: INVESTMENT OF IDLE FUNDS: The Treasurer is hereby authorized and empowered to invest surplus or idle funds of the City in any investment permitted by Idaho Code §§ 57-127 and 50-1013 and G7-1210, and. All interest received on —all such investments, unless otherwise required by law or ordinance, shall be paid into the general fund of the City. All such deposits shall be subject to the limits set forth in Idaho Code §§ 50-1013 and 67-1210. Section 3. Methodology. Text that is underlined in the preceding sections means new text added to the former Ordinance or City Code Section, and text that is stricken through means text that is being deleted from the former Ordinance or Code Section. Text that is moved from one location in the former Ordinance or Code Section to another location is similarly shown as underlined text. Exhibit "B" Section 4. Severability. The sections and subsections of this Ordinance are severable. The invalidity of any section or subsection shall not affect the validity of the remaining sections or subsections. Section 5. Preservation of Prior Ordinance. The sections of the City Code repealed or amended by this Ordinance shall be preserved to the extent necessary to allow the arrest, prosecution and punishment of any person who violates such provisions prior to the effective date hereof. Section 6. Effective Date. This Ordinance shall become effective upon its passage, execution and publication in the manner provided by law. PA$SED BY THE COUNCIL AND APPROVED BY THE MAYOR this,/ day of , 2014. ATTEST: Julie ammond ,plerk • (SEAL) .►1).. ` Brad Andersen Mayor -2- STATE OF IDAHO County of Bonneville I, JULIE HAMMOND, CITY CLERK OF THE CITY OF IONA, IDAHO, DO HEREBY CERTIFY: That the above and foregoing is a full, true and correct copy of the Ordinance entitled, "AN ORDINANCE OF THE CITY OF IONA, IDAHO; AMENDING SECTIONS 1-13- 8 AND 1-13-11 OF THE CITY OF IONA, IDAHO, RELATING TO THE DESIGNATION OF OFFICIAL DEPOSITORIES OF THE CITY AND INVESTMENT OF SURPLUS OR IDOL FUNDS OF THE CITY; PRESERVING PRIOR ORDINANCE; PROVIDING FOR METHODOLOGY; PROVIDING FOR SEVERABILITY AND ESTABLISHING AN EFFECTIVE DATE." Julie . mmo City lerk G:\W PDATA\DWS\2708 City of Iona\ORD\2014\Deposit.Investment.ORD.cmp3v2.wpd:sm -3- CITY OF IONA PUBLIC HEARING NOTICE The City of Iona's Council has scheduled a Public Hearing on the evening of October 21, 2014 at the Iona Community Center, which is located at 3548 N Main St, Iona, ID. The purpose of the hearing is to consider amending Sections 1-13-8 and 1-13-11 of the Iona City Code, relating to the designation of official depositories of the City and investment of surplus or idol funds of the City. Written comments will be accepted up to seven days prior to the hearing. The public is invited to attend and public comment is encouraged. Any person needing special accommodations to participate in the above noticed meeting should contact the City Office the day before the meeting at 523-5600. Published: October 5, 2014 333 Northgate Mile CITY OF IONA PO BOX 487 PR Post Register Idaho Falls, ID 83401 October 06, 2014 IONA ID 83427 Account #: 00050110 Legal Notice: PUBLIC HEARING/DEPOSITORY ORD. Published 1 Days between 10/05/2014 and 10/05/2014 Please refer to Ad #: 683676 Total Cost: $21.38 (208) 522-1800 Please include Ad # and Account # with payment. If you have questions concerning this bill, please contact Staci @ extension 1164. THANK YOU! Proof of Publication The Post Register State of Idaho Bonneville County: I, I.1i4afiy--Vvitt or Staci Dockery, first being duly sworn, depose and say: That I am the Classifieds -Manager or Legal Notice Representative of the Post Company, a corporation of Idaho Falls, Bonneville County, Idaho, publishers of The Post Register, a newspaper of general circulation, published Tuesday through Sunday at Idaho Falls, Idaho; said Post Register being a consolidation of the Idaho Falls Times, established in the year 1890, The Idaho Register, established in the year 1880, and the Idaho Falls Post, established in 1903, such consolidation being made on the First day of November 1931, and each of said newspapers have been published continuously and uniterruptedly, prior to consolidation, for more than twelve consecutive months and said Post Register having been published continuously and uninterruptedly from the date of such consolidations up to and including the last publication of notice hereinafter referred to. That the notice, of which a copy is hereto attached and made a part of this affidavit, was published in said Post Register under this ad number: 683676, for 1 consecutive (days) weeks, between 10/05/2014 and 10/05/2014, and that the said notice was published in the regular and ntire issue of said paper on the respective dates of publication, and that such notice wp .lished in the news.,per and not in a supplement. Subscribed and sworn to before me, this 06 day of October 2014 STATE OF IDAHO COUNTY OF BONNEVILLE t►►►►►.. i u i l ullll `�-, ' Vz.A E. A., //�, • 00TAt, —NI. cn °•n ' N+ . ''�.,;� ----.• -0,0 ..`'" attached jurat / OFIDP.% 11111111Iq►►►0 SS. My Commission expires: 5/9/2019 Subscribed and sworn to before me, this 06 day of October 2014, before me, the undersigned, a Notary public for said state, personally appeared-Hiltrry-Wittor Staci Dockery, known or identified to me to be the person(s) whose name(s) is/are subscribed to the within instrument, and being by me duly sworn, declared that the statements therein are true, and acknowledged to me that he/she/they executed the same, IN WITNESS WHEREOF, I have herunto set my hand and affixed my official seal the day and year in this certificate first above written. Notary Public for The Post Company Residing at: Idaho Falls My Commission expires: 5/9/2019 • ` SUB L IC.✓ CITY OF IONA PUBLIC HEARING NOTICE The City of lona's Council has scheduled a Public Hearing on the evening of October 21, 2014 at the Iona Community Center, which is located at 3648 N Main St, Iona, ID. The purpose of the hearing Is to consider amending Sections 1.13-8 and 1-13-11 of the Iona City Code, reia#tin a� 8Stmanflof�surpl on of for idol fuial nds of the ries of the City CV�Vriten is will be accepted up to seven days prior to The public Is invited to attend and public person a special accommodations to aged - Any. person In t �d tact participate to the aEve+ the City Office the day meeting 8 H _ _.