Sec. 2-161. Annual report.
The sinking fund commission shall, through the city treasurer,
not later than the thirty-first day of each July, make a report of
the condition of the sinking fund to the city council. Such report
shall state the cash receipts for the year, in detail, an itemized list
of bonds bought or sold, with the price paid or received, and a
detailed list of all securities held by the sinking fund commission.
Such report shall be audited and approved by the secretary of the
sinking fund commission before it is presented to the city council.
(Code 1959, § 2-161.)
