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2002-09-25 CC Packet
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2002-09-25 CC Packet
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<br />INVESTMENT REPORTING <br /> <br />The Deputy Clerk/Treasurer Finance Director shall prepare an investment report at least <br />quarterly, including a management summary that provides a clear picture of the status of <br />the current investment portfolio and transactions made over the last quarter. <br /> <br />INVESTMENT COMMITTEE <br /> <br /> <br />The Cit Council ma a oint an investment committee to <br />mission of the committee shall be to monitor the cit <br />recommendations to the Finance Director re ardi <br />consist of five members defined as follows: the <br />Administrator the Public Works Director one ci <br />the communit who has a back OUild in ublic fin <br />serve as the facilitator of the committee. The comm. <br />but no less than once er ear and no more than one <br /> <br />The intent of this policy is to ensure the s <br />will be to achieve a market rate of retu <br /> <br />Adopted this day of <br />CentervilIe. <br /> <br />ATTEST: <br /> <br />Clerk <br /> <br />. <br /> <br />- 5 - <br />
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