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Council Action Requested: <br /> 3.4. No action required <br /> 3.4A. Council motion authorizing the Library to close <br /> the money market account #507111 and to <br /> deposit the funds in the City's checking/money <br /> market accounts. <br /> 3.4B. Council motion authorizing a transfer of $7,600 <br /> from the Library checking account to a CD in the <br /> same amount for the endowment fund. <br />