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File #: RES-1220    Version: 1 Name:
Type: Resolution Status: Consent Agenda
File created: 5/28/2024 In control: Finance
On agenda: 5/28/2024 Final action: 5/28/2024
Title: Approving a resolution amending the City of Pflugerville Investment Policy.
Attachments: 1. Investment Policy redlined, 2. Resolution

Title

Approving a resolution amending the City of Pflugerville Investment Policy.

 

Summary

This amendment is needed to add the Pflugerville Community Development Corporation funds to the City’s Investment Policy, as the City will facilitate their investments as part of the service agreement.

 

Prior City Council Action

City Council last approved the Investment Policy February 27, 2024

 

Deadline for City Council Action

Action is requested on May, 28 2024

 

Funding Expected: Revenue __  Expenditure __  N/A _X_ 

Budgeted Item: Yes __ No __  N/A _X_                     

Amount: N/A________ 

1295 Form Required? Yes __ No __                     

Legal Review Required: N/A _X_ Required __ Date Completed: ___________                                          

 

Supporting documents attached:

Investment Policy Redlined

Resolution

 

Recommended Action

Approve an amendment to the Investment Policy.