All financial institutions and broker/dealers who desire to provide investment services to the city shall supply the City Treasurer with information sufficient to adequately evaluate the institution and answer any and all inquiries posed by the City Treasurer or City Commission, including the following information: audited financial statements; regulatory reports on financial condition; written memoranda of agreement for the deposit of public funds or trading resolutions, as appropriate; and any additional information considered necessary to allow the City Treasurer to evaluate the creditworthiness of the institution.
(Ord. 1B-1994, passed 12-13-1994)