Update list of approved financial firms for city investments
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.
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Votes
Approve consent calendar
7 to 0
Similar Discussions
5 related items found by meaning
Approve list of authorized financial firms for city investments
Approve 3 investment firms to buy and sell securities for city funds
Revise list of approved financial firms for city investments
Accept list of approved financial firms for city investments
Revise list of approved financial firms for city investments
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