HomeMy Public PortalAboutResolutions-2011-03RESOLUTION 2011-03
A RESOLUTION APPRVOING THE CITY'S INVESTMENT. POLICY
WHEREAS, the City of Tiffin desires to implement the City's Investment Policy in accordance to
Iowa Code Chapter 12B.10(1),
WHEREAS, the City of Tiffin desires to review Investment Policy every year and purpose to
determine if Policy is current with Iowa Code,
WHEREAS, said Resolution will remain a permanent attachment to the Investment Policy, until
at such time that changes are appropriate and approved by City Council of Tiffin,
NOW, THEREFORE, BE IT RESOLVED that the City's Investment Policy be accepted as
written.
Council person Chris Ball introduced Resolution 2011-03 and made motion for approval and
Council person Travis Weipert seconded motion.
Ayes: Chris Ball, Jim Bartels, Mark Petersen, Travis Weipert
Nay: None
Absent: Mike Gericke
Passed and adopted this 9th day of February 2011.
WHEREUPON, with Four votes for approval, Mayor Royce Phillips declared that the
RESOLUTION 2011-03 A RESOLUTION APPRVOING THE CITY'S INVESTMENT POLICY be
adopted and signified his approval of the same by affixing his signature thereto.
Signed:
3EATTES .
Ruth Demuth, City Clerk
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Royce hillips, Mayor