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10-D5 Investment Policy
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2008 01-14
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10-D5 Investment Policy
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Last modified
1/10/2008 12:36:33 PM
Creation date
1/10/2008 12:36:27 PM
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Template:
AGENDA
Item Number
10-D5
AGENDA - Type
RESOLUTION
Description
Affirming City's Investment Policy has complied with Public Funds Investment Act.
AGENDA - Date
1/14/2008
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<br />(3) the maximum stated maturity date any investment <br /> <br />security within the portfolio has; <br /> (4 ) the objectives of the pool; <br /> (5) the size of the pool; <br /> (6) the names of the members of the advisory board of <br />the pool and the dates their terms expire; <br /> <br />(7) the custodian bank that will safekeep the pool's <br /> <br />assets; <br /> <br />(8) whether the intent of the pool is to maintain a net <br /> <br />asset value of one dollar and the risk of market price fluctuation; <br /> <br />(9) whether the only source of payment is the assets of <br /> <br />the pool at market value or whether there is a secondary source of <br /> <br />payment, such as insurance or guarantees, and a description of the <br /> <br />secondary source of payment; <br /> <br />(10) the name and address of the independent auditor of <br /> <br />the pool; <br /> <br />(11) the requirements to be satisfied for an entity to <br /> <br />deposit funds in and withdraw funds from the pool and any deadlines <br /> <br />or other operating policies required for the entity to invest funds <br /> <br />in and withdraw funds from the pool; and <br /> <br /> <br />(12) the performance history of the pool, including <br /> <br /> <br />yield, average dollar-weighted maturities, and expense ratios. <br /> <br /> <br />(c) To maintain eligibility to receive funds from and invest <br /> <br /> <br />funds on behalf of an entity under this chapter, an investment pool <br /> <br />Page -30 - <br /> <br />T <br /> <br />m_ --r <br />
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