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CCR2009135-Invest. Policy COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #135-2009 RESOLUTION TO AMEND CITY POLICY FOR DEPOSITING AND INVESTING CITY FUNDS WHEREAS, On August 13, 1991, the Common Council of the City of Muskego adopted Resolution #190-91, which established a policy for depositing and investing City funds; and WHEREAS, The policy was amended in 1995, 1996, 1997, and 2009; and WHEREAS, The Mayor, Finance Director and Clerk-Treasurer recommend that the policy be further amended to include “short term notes issued with a maturity of thirteen months or less” as an Eligible Investment of the City; and WHEREAS, The Finance Committee reviewed the proposed policy, as attached, and recommended approval. NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve the attached Policy for Depositing and Investing City Funds. DATED THIS 8TH DAY OF SEPTEMBER , 2009. SPONSORED BY: Finance Committee Noah Fiedler Tracy Snead Keith Werner This is to certify that this is a true and accurate copy of Resolution #135-2009 which was adopted by the Common Council of the City of Muskego. _________________________ Clerk-Treasurer 9/09jkm