Approve investment policy that excludes fossil fuel companies
In Plain English
The city invests public money in stocks, bonds, and other financial products to earn returns on taxpayer funds. This policy would prohibit investing in oil, gas, and coal companies. If approved, the city divests from fossil fuel holdings and avoids future investments in these industries.
Auto-generated summary. Source: official agenda documents.
Votes
Adopt Resolution No. 77-18 with inclusion of divestment from fossil fuels as stated in Resolution No. 38-13
6 to 0
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