HomeMy WebLinkAboutResolution No. 360-11 • RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City adopt
the proposed amendment to Subsection 3 of Section Vill of the City's investment policy entitled,
"Suitable and Authorized Investments" so as to reflect a possible downgrade of federal
instrumentalities that exist in the City's investment portfolio and future investment purchases.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS L r 2011.
PRE (DENT OF SAID COMMON COUNCIL
ATTEST: _
CITY CLERK
APPROVED THIS DAY OF , 2011.
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MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res 10\Adopt.I nvestPo1icy2
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