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HomeMy Public PortalAboutResolutions-2015-013P 1 W M RESOLUTION 2015-013 A RESOLUTION APPRVOING THE CITY'S INVESTMENT POLICY, NAMING OF DEPOSITORIES7AN'D MAXIMUM, AMOUNTS, ;AND Y NAMING AN INVESTMENT COMMITTEE WHEREAS, the City of Tiffin desires to implement the City's Investment Policy in accordance -to Iowa Code Chapter 126.10(1), y t 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 willsemain a permanent attachment to the Investment Policy, until at such time that changes are appropriate and approved by City,.Council of Tiffin, ' 3 NOW, THEREFORE, BE IT RESOLVED that the City's,lnvestment Policy be accepted as written.: Council person Kahler introduced Resolution 2015-013 and made motion for approval and Council person Bartels seconded motion. Ayes: Upton, Bartels, Kahler, Ryan, Nays: NONE `' s Absent: NONE Passed and adopted this.,28th day of January; 2015. WHEREUPON, with' four votes for approval, Mayor Steve Berner, declared that the RESOLUTION 2015-013 A RESOLUTION APPRVOING THE CITY'S INVESTMENT POLICY, NAMING OF DEPOSITORIES'AND MAXIMUM AMOUNTS, AND'NAMING , AN'INVESTMENT COMMITTEE be adopted and signified his approval of the same by , affixing his signaturethereto. 46 Signed: yJT Steven L. Berner, Mayor Attest: car k- 3 a 13