(a) The City previously adopted as the City’s official Investment Policy, Investment Policy No. IP 16-0003 currently on file in the office of the City Finance Director, having been recommended by the Finance Director and the Finance and Budget Committee of Council, having been reviewed, and Ordinance No. 013-16 being unanimously approved by Council on May 16, 2016.
(b) Investment Policy No. IP 16-0003 may be amended from time to time by motion of Council.
(c) Ordinance No. 013-16 and Investment Policy No. 0003, as well as later amendments thereto, are hereby amended by this Ordinance No. 001-20.
(Ord. 001-20. Passed 2-17-20.)