HomeMy WebLinkAboutRES 121013-EA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, AMENDING THE EXISTING CITY OF GEORGETOWN INVESTMENT
POLICY EFFECTIVE DECEMBER 10, 2013.
WHEREAS, the goal of the City of Georgetown is to implement an investment policy that
utilizes all current municipal investment practices, while ensuring the safety and availability of all
funds entrusted to the City in compliance with state federal, state and local laws; and
WHEREAS, the City Council of the City of Georgetown has reviewed the investment
policy; and
WHEREAS, the City Council of the City of Georgetown wishes to amend its Investment
Policy (as last amended January 22, 2013); and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby
found and declared to be true and correct, and are incorporated by reference herein and
expressly made a part hereof, as if copied verbatim. The enactment of this resolution is not
inconsistent or in conflict with any 2030 Plan Policies.
SECTION 2. The Investment Policy attached as Exhibit "A" is hereby adopted by the City
Council of the City of Georgetown, Texas.
SECTION 3. This resolution shall be effective immediately upon adoption.
RESOLVED this 10th day of December 2013.
AT ST: THE C1,-FxY OF GEgRGETOWN:
J—e si a Br ttle gy: Geo re Garver
Ci y ecretary Mayor
APPROVED A FORM:
6ridget Chapn�ak)
City Attorney
Resolution Number: I a I-01 Page I of 1
Description: Investment Policy
Date Approved: December 10, 2013