The Illinois Public Treasurer’ s Investment Pool, or its legally authorized successor or successors from time to time in existence, is designated as an official depository for city funds and revenues, as authorized by Section 2 of an Act relating to certain investments of public funds by public agencies, (Ill. Rev. Stat., Ch. 85, Para. 902). (Ord. 813 § 2, 1990: prior code § 2-7-13(C))