HomeMy WebLinkAboutRESOLUTION NO. 2007-46 RESOLUTION NO.
RESOLUTION ADOPTING A POLICY FOR
THE INVESTMENT OF PUBLIC FUNDS
WHEREAS, It is necessary to protect public f-tmds and establish investment
guidelines; and
WHEREAS, The Investment Policy shall be reviewed every two years or more
frequently as appropriate; and
WHEREAS, Resolution 2005-24, Investment Policy, adopted by the City
Council of the City of Fairfax, Iowa, on July 12, 2005 is hereby rescinded in its entirety
and the attached documentation, Investment Policy for the City of Fairfax, Iowa, is
adopted in lieu thereof; and
NOW, THEREFORE, BE IT RESOLOVED, By the City Council of the City of
Fairfax, Iowa that the Mayor and the City Clerk are hereby authorized and directed to
execute said Resolution.
Passed and approved this 1 day of ` , 2007.
AYES:
NAYS:
ABSENT:
Bill Voss, Mayor
ATTEST:
Vickie Kindl,City Clerk
The foregoing Resolution No. ' having been approved this date bv R Fairfax City Council,I hereby approve
the same by affixing my signature as City Clerk on this day of • 12007.
Vickie Kindl,City Clerk