HomeMy WebLinkAboutRES 120914-I - Revise Investment PolicyWHEREAS, the goal of the City of Georgetown is to implement an investment polir"
that utilizes all current municipal investment practices, while ensuring the safety a
availability of all funds entrusted to the City in compliance with state federal, state and loc
laws; and
11AEREAS, the City Council of the City of Georgetown has reviewed the investme
policy; and I i
WHEREAS, the City Council of the City of Georgetown wishes to amend its
Investment Policy (as last amended December 10, 2013), and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this resolution are
hereby found and declared to be true and correct, and are incorporated by reference herein
and expressly made a part hereof, as if copied verbatim. The enactment of this resolution is
not inconsistent or in conflict with any 2030 Plan Policies.
SECTIOj1 2. The Investment Policy attached as Exhibit "N' is hereby adopted by the
City Council of the City of Georgetown, Texas,
SECTION 3. This resolution shall be effective immediately upon adoption.
RESOLVED this 9th day of December 2014.
THE CITYQF GEORGETOWN:
Jje sic' Brettle By: Dai`s
e e,
Ci cretary Mayor
APPROVED AS TO FORM:
ffri-d—get Chaa6)
City Attorney
Resolution Number: 1ROCHLI—T Page 1 of 1
Description: Investment Policy
Date Approved: December 9, 2014