Approve list of authorized financial firms for city investments

Investment Broker ListBudgetResolution

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

Passed

6 to 0

BBLMGMS