Legislation Details

File #: 1-25    Version: 1
Type: Resolution Status: Passed
File created: 1/8/2025 In control: City Council
On agenda: 1/14/2025 Final action: 1/14/2025
Title: PROPOSED RESOLUTION Proposed Resolution A Resolution Authorizing the Finance Director To Designate Official Depositories of City Funds and Adopt an Investment Policy
Attachments: 1. 01-25 OFFICIAL DEPOSITORIES AND INVESTMENTS, 2. Investment Policy January 2025

title

PROPOSED RESOLUTION

Proposed Resolution A Resolution Authorizing the Finance Director To Designate Official Depositories of City Funds and Adopt an Investment Policy

 

body

This proposed resolution authorizes the Finance Director to designate the official depositories of City funds and to make investments as provided in the Minnesota State Code.

 

recommendation

City Administrator Recommendation: City Council Adopt Proposed Resolution 1-25.