HomeMy WebLinkAbout2016-R-04 - Approving Investment PolicyRESOLUTION NO. 2016-R-04
A RESOLUTION APPROVING INVESTMENT POLICY, APPROVING BROKER/DEALERS, AND
INVESTMENT STRATEGIES
WHEREAS, The Public Funds Act of Texas (the "Act') as amended, requires the City Council of the
City of Stephenville to annually review the investment policy, broker/dealers list, and investment strategies
of the City and that the written instrument so adopted shall record any changes made to either the
investment policy, broker/dealers list, or investment strategies.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Stephenville, after reviewing
the investment policy, broker/dealers list, and investment strategies of the City, hereby adopts the
revised/updated policy, broker/dealers list, and investment strategies of the City. The City Council hereby
directs that the adopted written document be made a part of these minutes.
APPROVED and ADOPTED by the City Council of the City of Stephenville held on this 1't day of
March, 2016.
7A)EST:
Cindy L. rd, 6ity S tary
Reviewed by Patrick C. ' ges,
City Administrator
Approved as to form and content by
Randy Thomas, City Attorney
n
Jerry . Weld ll, Mayor