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INVESTMENT POLICY <br />January 2026 <br />independent auditor will perform a formal annual review of the investment reports with the results <br />reported to the City Council. <br />16.0 MARKING TO MARKET <br />The market value of the portfolio will be determined at least quarterly and included in the quarterly <br />investment reports. The market price of acquired investments shall be monitored by using <br />information from a reputable and independent source deemed reliable by the Director of Finance <br />such as the Wall Street Journal, Bloomberg Information Services, and/ or through a securities <br />dealer' s trading desk. <br />17.0 INVESTMENT POLICY ADOPTION <br />The City of Paris investment policy shall be adopted by resolution of the City Council. The policy <br />shall be reviewed and re -adopted annually by the City Council and any modifications made thereto <br />must be approved by the City Council. <br />• Liberty National Bank <br />305 Lamar Avenue <br />Paris, TX 75460 <br />Phone: (903) 785-5555 <br />• LOGIC <br />717 N. Harwood, Suite 3400 <br />Dallas, TX 75201 <br />Phone: (800) 895-6442 <br />• Raymond James & Associates, Inc. <br />5847 San Felipe St. Suite 3900 <br />Houston, TX 77057 <br />Phone: (800) 338-7731 <br />• Texas CLASS <br />2435 N. Central Expressway, Suite 1200 <br />Richardson, TX 75080 <br />Phone: (800) 707-6242 <br />M <br />M1111 I 11L I <br />