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<br />I <br /> <br />RESOLUTION NO. 2006- 1 q 1 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 ~2256.005 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, Rosie Vela, has recommended the adoption of the City <br />of San Marcos Investment Policy attached to this resolution, with revisions Appendix C <br />to include the Texas Public Funds Investment Act. <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 21,2006 <br /> <br />~~d <br /> <br />Mayor <br /> <br />~t t( ., <br />,."t '.(If;! I ", <br />c . \:.~ \", (, .' '- _," i <br />'. . IlL .:' -\'~1. .~L(, L~, / /, <br />SheRey G@.odwin <br />Interim City Clerk <br /> <br />I <br />