HomeMy WebLinkAboutResolution No. 2005-20 RESOLUTION NO. R2005-20
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF FRIENDSWOOD, TEXAS, APPROVING
THE PUBLIC FUNDS MANAGEMENT AND
INVESTMENT POLICY.
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BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FRIENDSWOOD,TEXAS: �
SECTION 1. The Public Funds Management and Investment Policy attached hereto
and made a part hereof for all purposes be, and it is hereby, approved as the Official
Public Funds Management and Investment Policy of the City of Friendswood, Texas.
SECTION 2. The City Secretary is hereby directed to place on said Investment
Policy an endorsement, which shall be signed by the City Secretary, which shall read as
follows:
" The Investment Policy of the City of Friendswood, Texas,
approved by City Council the 6�'day of June 2005".
Such Investment Policy, as thus endorsed, shall be kept on file in the office of the City
Secretary as a public record.
PASSED,APPROVED,AND RESOLVED,this the 6t"day of June 2005.
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r' * imball W. Brizendine
Mayor
A'�'T a��rF OF 'i�+P�
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De oris McKenzie, T C
City Secretary