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2007-004-RES-Amending the City's investment policy
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2007-004-RES-Amending the City's investment policy
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1/10/2007 2:57:43 PM
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1/10/2007 2:57:42 PM
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CITY CLERK
Doc Name
2007
Doc Type
Resolution
CITY CLERK - Date
1/8/2007
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<br />(C) ending market value for the period; and <br /> <br />(0) fully accrued interest for the reporting <br /> <br />period; <br /> <br />(5) state the book value and market value of each <br /> <br />separately invested asset at the beginning and end of the reporting <br /> <br />period by the type of asset and fund type invested; <br />(6) state the maturity date of each separately invested <br />asset that has a maturity date; <br />(7) state the account or fund or pooled group fund in <br /> <br />the state agency or local government for which each individual <br /> <br />investment was acquired; and <br /> <br />(8) state the compliance of the investment portfolio of <br />the state agency or local government as it relates to: <br /> <br /> <br />(A) the investment strategy expressed ln the <br /> <br /> <br />agency's or local government's investment policy; and <br /> <br /> <br />(B) relevant provisions of this chapter. <br /> <br /> <br />(c) The report shall be presented not less than quarterly to <br /> <br /> <br />the governing body and the chief executive officer of the entity <br /> <br /> <br />within a reasonable time after the end of the period. <br /> <br /> <br />(d) If an entity invests in other than money market mutual <br /> <br />funds, investment pools or accounts offered by its depository bank <br /> <br />in the form of certificates of deposit, or money market accounts or <br /> <br />similar accounts, the reports prepared by the investment officers <br /> <br />under this section shall be formally reviewed at least annually by <br /> <br />Page -38 - <br />
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