Update list of approved financial firms for city investments
Resolution Resolution No. 13-16
In Plain English
The city maintains a list of approved financial firms that can offer investment options for city money. State law requires cities to only work with authorized broker-dealers when investing public funds. This revision updates the approved list to ensure the city can access legal investment instruments while protecting taxpayer money.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
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