Resolutions-2012-01

RESOLUTION 2012 -01 A RESOLUTION APPRVOING THE CITY' S INVESTMENT POLICY WHEREAS, the City of Tiffin desires to implement the City' s Investment Policy in accordance to Iowa Code Chapter 128. 10( 1), WHEREAS, the City of Tiffin desires to review Investment Policy every year and purpose to determine if Policy is current with Iowa Code, WHEREAS, said Resolution will remain a permanent attachment to the Investment Policy, until at such time that changes are appropriate and approved by City Council of Tiffin, NOW, THEREFORE, BE IT RESOLVED that the City' s Investment Policy be accepted as written. Council person Ball introduced Resolution 2012 -01 and made motion for approval and Council person Weipert seconded motion. Ayes: Ball Bartels, Ryan, Upton, Weipert, Nays: none Absent: none Passed and adopted this 11" day of January, 2012. WHEREUPON, with 5 votes for approval, Mayor Steven Berner declared that the RESOLUTION 2012 -01 A RESOLUTION APPRVOING THE CITY' S INVESTMENT POLICY be adopted and signified his approval of the same by affixing his signature thereto. I Attest: Q rjJct. 96r) Signed: Adelia C. Madden, Interim Clerk Steven L. Berner, Mayor