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<br />98. <br /> <br />RESOLUTION NO. 2002- 18 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SAN MARCOS, TEXAS, ADOPTING A <br />STATEMENT OF CASH MANAGEMENT AND <br />INVESTMENT POLICIES; AND DECLARING AN <br />EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. Texas Government Code 92256.005 requires the City Council to adopt a <br />written investment policy regarding the investment of City funds and funds under City <br />control. <br /> <br />2. The Finance Director, William L. White, has recommended the adoption of the <br />amended Statement of Cash Management and Investment Policies attached to this <br />resolution. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br /> <br />P ART 1. The amended Statement of Cash Management and Investment Policies <br />attached to this resolution is approved and adopted. <br /> <br />P ART 2. This Resolution shall be in full force and effect from and after its <br />passage. <br /> <br />ADOPTED on February 11, <br /> <br /> <br />