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Form a Business

Created; composition; terms of members; secretary; quorum.

Memphis Charter, art. 26, § 164
in effect
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Sec. 164. - Created; composition; terms of members; secretary; quorum. [The charter of the City of Memphis] is amended so as to create a Sinking Fund Commission for the City of Memphis. Said Sinking Fund Commission shall be composed of the Mayor, the Commissioner of Finances and Institutions, and the Comptroller of the City of Memphis. The term of office of the members of said Sinking Fund Commission shall be co-extensive with the term for which they are elected to their respective offices of Mayor, Commissioner of Finances and Institutions, and Comptroller. The Comptroller shall be the secretary of said Sinking Fund Commission and shall be required to keep the minutes of the proceedings of all meetings held by said Sinking Fund Commission. A majority of the members of the Sinking Fund Commission shall constitute a quorum at any meeting of said Sinking Fund Commission and a majority of said Sinking Fund Commission shall be required to decide any and all questions coming before said Sinking Fund Commission. (Priv. Acts 1987, ch. 497, § 1)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/charter?nodeId=PTICHRELA_ART26SIFUCO_S164CRCOTEMESEQUFetched: 10/28/2026

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164 | Corpus