Approve list of authorized financial firms for city investments

Investment Broker ListBudget

Resolution 135-08

In Plain English

The city maintains a list of approved financial companies that can handle its investments and bond transactions. This formal approval ensures only vetted firms can buy and sell securities for the city. The list helps protect taxpayer money by limiting dealings to established, qualified brokers.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember SandhuSeconded by: Councilmember Lopez
Passed

6 to 0

BatesAye
ButtAye
Gayle McLaughlinAye
LopezAye
MarquezAye
SandhuAye