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06-20-07 FPAC Minutes
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06-20-07 FPAC Minutes
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06-20-07 Minutes
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6/20/2007
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City of St. Louis Park <br /> Investment Policy <br /> June 5, 2000 <br /> Resolution #00-074 0 <br /> MAXIMUM PER MAXIMUM PER MINIMUM CREDIT MAXIMUM <br /> INVESTMENT TYPE ISSUE INVESTMENT QUALITY MATURITY <br /> General Obligations of No more than No more than Rated"A"or better Five years. If beyond <br /> state or local government 15%of the total 50%of the by a national bond five years,should be <br /> with taxing powers. portfolio. portfolio. rating service. related to specific <br /> debt payments. <br /> Revenue Obligation of No more than No more than Rated"AA"or better Five years. If beyond <br /> any state or local govern- 15%of the total 50%of the by a national bond five years,should be <br /> ment with taxing powers portfolio. portfolio. rating service. related to specific <br /> debt payments. <br /> General Obligation of the No more than No more than Rated"A"or better Five years. If beyond <br /> Minnesota Housing 15%of the total 50%of the by a national bond five years, should be <br /> Finance Agency which is portfolio. portfolio. rating service. related to specific <br /> a moral obligation of debt payments. <br /> the State of Minnesota <br /> Money Market Mutual No limit. No limit. Invested primarily in N/A <br /> Funds the securities <br /> allowed by this <br /> policy. <br /> • <br /> 41110 <br />
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