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Update list of approved financial firms for city investments

Investment PolicyBudgetResolution

Resolution Resolution No. 114-11

In Plain English

State law requires cities to maintain a list of approved financial firms before investing public money. The city updates this list annually to ensure all brokers meet current legal requirements. If approved, the city can only buy bonds and other investments through these pre-approved firms.

Auto-generated summary. Source: official agenda documents.

Votes

Motion · Official minutes

Approve consent calendar

Passed

7 aye · 0 nay

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