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<br />, <br /> <br /> <br />tervi[{e <br /> <br />'Estaflisfied'1857 <br /> <br />CENTERVILLE CITY COUNCIL <br />STAFF REPORT <br />INVESTMENT POLICY <br /> <br />Date: <br /> <br />September 25, 2002 <br /> <br />To: <br /> <br />Honorable Mayor and City Council Members <br />Ms. Kim Moore-Sykes, City Administrator <br /> <br />From: <br /> <br />Ellen Paulseth, Finance Director <br /> <br />Re: <br /> <br />Investment Policy <br /> <br />Attached is the city's investment policy with the following minor revisions: <br /> <br />I, Change "Deputy Clerk/Treasurer" to "Finance Director," <br />2. Change references to MN Statutes which have been repealed and recoditied, <br />3. Add option for council to appoint investment committee. <br /> <br />New language is underlined and stricken language has a line through it. <br /> <br />For your information, copies of applicable Minnesota Statutes have been attached, <br /> <br />If this policy meets with the approval of the council, a resolution to revise the current <br />policy would be in order. <br />