HomeMy WebLinkAbout~Master - Amendments to investment policy RESOLUTION NO. 02-551
RESOLUTION APPROVING AMENDMENT
TO INVESTMENT POLICY
FOR THE CITY OF AMES
WHEREAS, Section 20.2 of the City's Investment Policy requires the Director of Finance
and the City Treasurer to review the document annually; and,
WHEREAS, this review has taken place and a change is requested in the broker/dealer
questionnaire section, as follows: "13. Fully disclose the method in which you would be
compensated for your services."; and,
WHEREAS, this would aid staff in the evaluation of broker/dealers who request doing
business with the City.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that an amendment to the Investment Policy as above stated is hereby approved.
ADOPTED THIS 22nd day of October, 2002.
Diane R. Voss, City Clerk Ted Tedesco,Mayor
Introduced by: Cross
Seconded by: Hoffman
Voting aye: Cross, Goodhue, Hoffman, Quirmbach, Vegge, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 22nd of October, 2002.