HomeMy WebLinkAbout152-98RESOLUTION NO. 152-98
APPROVING THE TOWN OF DANVILLE
INVESTMENT POLICY
WHEREAS, the primary objective of the investment policy of the Town of Danville is to
prudently invest public funds in a manner which assures safety, liquidity and legality; and
WHEREAS, the Town of Danville Investment Policy has been amended to reflect reporting
procedures for management purposes; and
WHEREAS, the Town of Danville Investment Policy has been reviewed by the Town's
Treasurer and independent investment advisor; now, therefore, be it
RESOLVED, by the Danville Town Council, that the Investment Policy be accepted and that
all investment control and reporting procedures outlined in the policy be implemented by the
Town Treasurer.
APPROVED by the Danville Town Council at a regular meeting held on October 20, 1998, by
the following vote:
AYES: Waldo,
NOES: None
ABSTAINED: None
ABSENT: None
Arnerich, Doyle,
Greenberg, S.himansky
MAYOR
CITY ATTORNEY
CITY CLERK