Resolutions-2015-013

M RESOLUTION 2015- 013 A RESOLUTION APPRVOING THE CITY' S INVESTMENT POLICY, NAMING OF DEPOSITORIES7AN' D MAXIMUM, AMOUNTS, ;AND Y NAMING AN INVESTMENT COMMITTEE P WHEREAS, the City of Tiffin desires to implement the City' s Investment Policy in accordance -to Iowa Code Chapter 126. 10( 1), y t 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 willsemain a permanent attachment to the Investment Policy, until at such time that changes are appropriate and approved by City,.Council of Tiffin, ' 3 NOW, THEREFORE, BE IT RESOLVED that the City' s, lnvestment Policy be accepted as written.: Council person Kahler introduced Resolution 2015- 013 and made motion for approval 13 1 and Council person Bartels seconded motion. Ayes: Upton, Bartels, Kahler, Ryan, Nays: NONE `' s Absent: NONE Passed and adopted this.,28th day of January; 2015. WHEREUPON, with' four votes for approval, Mayor Steve Berner, declared that the RESOLUTION 2015- 013 A RESOLUTION APPRVOING THE CITY' S INVESTMENT POLICY, NAMING OF DEPOSITORIES' AND MAXIMUM AMOUNTS, AND' NAMING , AN' INVESTMENT COMMITTEE be adopted and signified his approval of the same by affixing his signaturethereto. Signed: yJT 46 Steven L. Berner, Mayor Attest: car k- W 3 a