§ 34.25 DELEGATION OF AUTHORITY AND RESPONSIBILITIES; INVESTMENT BOARD.
   (A)   Town Council. The Town Council will retain ultimate fiduciary responsibility for the portfolios.
   (B)   Investment Board. The Investment Board will receive periodic reports and periodically review the investment policy making recommendations for any changes necessary to the Town Council for adoption. The Investment Board may provide guidance to the Investment Advisor when deemed necessary.
(Prior Code, § 3.A08.060) (Ord. 2018-22, passed 12-12-2018)