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05-D1 City of Paris Investment Policy
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05-D1 City of Paris Investment Policy
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Last modified
8/29/2012 1:50:41 PM
Creation date
1/24/2008 4:23:19 PM
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AGENDA
Item Number
05-D1
AGENDA - Type
RESOLUTION
Description
Affirming that City has complied with the requirements of the Public Funds Investment Act
AGENDA - Date
1/28/2008
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(3) the maximum stated maturity date any investment <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 />(7) the custodian bank that will safekeep the pool's <br />assets; <br />(8) whether the intent of the pool is to maintain a net <br />asset value of one dollar and the risk of market price fluctuation; <br />(9) whether the only source of payment is the assets of <br />the pool at market value or whether there is a secondary source of <br />payment, such as insurance or guarantees, and a description of the <br />secondary source of payment; <br />(10) the name and address of the independent auditor of <br />the pool; <br />(11) the requirements to be satisfied for an entity to <br />deposit funds in and withdraw funds from the pool and any deadlines <br />or other operating policies required for the entity to invest funds <br />in and withdraw funds from the pool; and <br />(12) the performance history of the pool, including <br />yield, average dollar-weighted maturities, and expense ratios. <br />(c) To maintain eligibility to receive funds from and invest <br />funds on behalf of an entity under this chapter, an investment pool <br />Page -30 - <br />
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