HomeMy WebLinkAbout120-03RESOLUTION NO. 120-2003
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 maimer which assures safety, liquidity and legality;
and
WHEREAS, the Town of Danville Investment Policy has been reviewed by the Town's
Treasurer and independent investment advisor; and
WHEREAS, the Investment Policy continues to meet all known regulations and serve
the best interest of the Town; and
WHEREAS, no changes are recommended to the Investment Policy; now therefore be it
RESOLVED, by the Danville Town Council, that no changes be made to the Investment
Policy and that all investment control and reporting procedures outlined in the policy
continue to be implemented by the Town Treasurer.
APPROVED by the Danville Town Council at a regular meeting on November 18, 2003
by the following vote:
AYES:
NOES: None
ABSTAINED: None
ABSENT: None
Shimansky, Arnerich, Andersen, Doyle, Stepper
APPROVED AS TO FORM:
CITY ATTORNE'~'fi/
ATTEST:
CITY CLERK