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HomeMy WebLinkAbout2013-R-02 - Approve Investment PolicyRESOLUTION NO. 2013-02 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 8T" day of January, 2013. ATTEST: a,;,k Cindy L. St ord, City Secroo z Reviewed by Mark A. Kaiser, City Administrator Approved as to form and content by Randy Thomas, City Attorney F MKGYon 11, Mayor F