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Res 2006-193
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Res 2006-193
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Last modified
4/17/2007 3:46:40 PM
Creation date
12/5/2006 10:19:58 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Revising
Number
2006-193
Date
11/21/2006
Volume Book
170
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<br />I <br /> <br />I <br /> <br />I <br /> <br />3. The design and impJemcntntlOn of suitable "controlled disbursement" programs. which <br />will ensure that the City's expenses are met in timely manner, but not in such a way as to <br />Jeopardize the cuming capacity of the City's portfolio. <br />4. The utilization of modern and efficient techniques and technology for the physical <br />movement of money, taking advantage oftcchnologlcal and operational procedures <br />5. The design and implementation of banking relationships which are both favorable to the <br />City and responsive to the day-to.day requirements of the City's complex finanual <br />operations. <br />6. The design of investment poliCH.~s and procedures to ensure the lotal safety of all funds <br />while allowing the City to maximize its interest earnings, <br />7. The design and implementation of appropriate policies and procedures with regard to the <br />proper and effective use of the City's municipal credit authority. <br /> <br />XVII. <br /> <br />INVESTMENT POLICY ADOPTION <br /> <br />The Cliy's Investment Policy shall be annually reviewed and adopted by resolution of the City <br />CounciL Any modifications made thereto must be noted in the Resolution_ <br /> <br />City of San Marcos Investment Policy <br /> <br />Page 8 <br />
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