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Res 2015-134/adopting revised Investment Policies for Operating Funds and Reserve Funds
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Res 2015-134/adopting revised Investment Policies for Operating Funds and Reserve Funds
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10/22/2015 5:05:09 PM
Creation date
10/22/2015 5:00:07 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Adopting
Number
2015-134
Date
10/15/2015
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RESOLUTION NO. 2015-134R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS ADOPTING REVISED INVESTMENT POLICIES <br />FOR OPERATING FUNDS AND RESERVE FUNDS; AND DECLARING <br />AN EFFECTIVE DATE. <br />1. Texas Government Code, §2256.005 requires the City Council to adopt a <br />written policy regarding the investment of City funds and funds under City control. <br />2. The Director of Finance has recommended the adoption of revised City of San <br />Marcos investment policies for operating funds and reserve funds. <br />BE IT RESOLVED BY THE CITY COUNCIL <br />MARCOS, TEXAS: <br />PART 1. The revised City of San Marcos investment policies for operating funds <br />and reserve funds attached to this Resolution are approved and adopted. <br />PART 2. This Resolution shall be in full force and effect from and after its <br />passage. <br />ADOPTED on October 5, 2015. <br />aiel Guerrero <br />Mayor <br />Attest: <br />r�.^^, . <br />e e n <br />City Clerk <br />
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