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Report on the re-investment of £100,000 of matured funds, 1885-1886

Description

Unique IDA-00433951SeriesCommittee Reports (Various committees), 1842-1899DateBetween 18th November 1885 and 26th November 1886Date qualifierexactFormatVolume - Leather BoundDescriptionReport of the Mayor, Thomas Playfair, on the re-investment of £100,000 of matured funds of the Street Loan Fund, with £50,000 invested for one year @ 5% and £50,000 transferred to the current account at 4% on monthly balance; the transfer of £8,000 from the Street Loan Sinking Fund to a fixed deposit account for one year; the renewal of £10,000 fixed deposit for the Water Fund for one year. Appended: Memos by City Treasurer, CH Lines.LanguageEnglish (eng)Digitised recordYesBorn digital itemNo

Access

Public access statusRestricted original (digital copy available)

Identification

Source system ID21/17/20 [279]

Data Quality

Authenticity & integrityThese are the original Committee Reports created by Council. The record has been held in the Council’s custody and has a high level of authenticity. Users should be aware that this is an historical record and the language used within the record was the language of the time it was captured, and may not reflect current community values or expectations.

Relationships

OrganisationSydney City Council

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Report on the re-investment of £100,000 of matured funds, 1885-1886