#investmentpolicy

citizenportal.ai

Public raises questions about minutes and rainy-day fund; board points to investment policy

Public commenters asked whether a recent large donation is in the endowment and raised concerns that minutes are a year behind; staff said the donation went to the endowment and noted rainy-day rules are in the investment policy rather than the bylaws.

citizenportal.ai

Council approves amended META investment policy; county already approved earlier

Council approved Resolution 29 to adopt the amended and restated investment policy for the Moffett County Economic Development Authority (META); the county commissioners had approved the same policy earlier the same day.