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<br />145. <br /> <br />I <br /> <br />RESOLUTION NO. 2004- 196 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SAN MARCOS, TEXAS, ADOPTING A <br />REVISED INVESTMENT POLICY; AND DECLARING <br />AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. Texas Government Code 92256.005 requires the City Council to adopt a <br />written policy regarding the investment of City funds and funds under City control. <br /> <br />2. The Finance Director, Rodney Gonzales, has recommended the adoption of the <br />revised City of San Marcos Investment Policy attached to this resolution, incorporating a <br />revision to Section IV of the policy. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br /> <br />PART 1. The revised City of San Marcos Investment Policy attached to this <br />resolution is approved and adopted. <br /> <br />I <br /> <br />PART 2. This Resolution shall be in full force and effect from and after its <br />passage. <br /> <br />ADOPTED on November 22, 2004. . <br /> <br />~~ <br /> <br />Mayor <br /> <br />2i~i~J <br /> <br />City Clerk <br /> <br />I <br />