Approve list of authorized financial firms for city investments
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
6 to 0
Community Discussion
This discussion was submitted to the City Clerk as part of the public record.
Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.
Similar Discussions
5 related items found by meaning
Accept list of approved financial firms for city investments
Revise list of approved financial firms for city investments
Revise list of approved financial firms for city investments
Update list of approved financial firms for city investments
Approve 3 investment firms to buy and sell securities for city funds
The Story So Far
Related items from other meetings
Approve $7.2 million contract with county for animal control services through 2030
Extend electric bikeshare contract through June 2027 for $390,000
Approve $29,690 contract for Ferry Point Pump Station engineering services
Review draft 2026-27 city budget and 5-year capital improvement plan
Receive presentation from BART Director on service improvements and budget crisis
Hire Dalberg Advisors to help with limited-term revenue community engagement
Extend electric bike share contract through June 2025 for $390,000
Accept $9,000 state grant for summer library lunch program
Receive 4 February financial reports on investments, overtime costs, property taxes, and retirement benefits
Accept $10,000 Carnegie Corporation gift for library history room and museum