§ 33.100 INVESTMENT COMMITTEE.
   There is hereby established in the city an Investment Committee composed of the City Treasurer, Finance Director and two members of the City Council. The Council members shall be appointed by the Mayor, subject to concurrence by the Council. The Investment Committee will serve in an advisory capacity regarding investments and deposits of money deemed by the Finance Director to be available as set forth in the Investment Policy of the city. The function of the Investment Committee shall extend to the investments and deposits of the city, the various government agencies in which the city participates or is a member, and the Indio Water Authority. The Investment Committee shall meet not less than once per quarter during each fiscal year.
(Ord. 1750, passed 4-15-20)