RESOLUTION APPROVING AMENDMENT TO TOWN OF RED HOOK INVESTMENT POLICY
Activeformal_resolutionongoingApprove amendment to the Town of Red Hook Investment Policy to authorize investment of moneys not to exceed $9,000,000 in NYCLASS Cooperation Agreement.
First seen
2019-03-12
Latest event
2019-03-12
adopted
Expires
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Resolution text
RESOLVED
- In accordance with Sections 11 and 39 of the General Municipal Law, the Amended Investment Policy for the Town of Red Hook is hereby approved in the form on file with the Town Clerk
- In addition to the depositories authorized in Section 11A of the Investment Policy as annually approved by the Town, the Town shall be authorized to invest moneys in an amount not to exceed $9,000,000 pursuant to the NYCLASS Cooperation Agreement amended and restated as of March 14, 2014
Show preamble — 1 WHEREAS clause
- WHEREAS, a proposed amendment to the Investment Policy ('Amended Investment Policy") has been submitted to the Town Board of the Town of Red Hook, and such proposed Amended Investment Policy is on file with the Town Clerk
Lifecycle (1 event)
2019-03-12adoptedvote: unanimous
Approve amendment to Town of Red Hook Investment Policy.
moved by McKeon · seconded by O'Neill
Show text snapshot for this event
Resolved
- In accordance with Sections 11 and 39 of the General Municipal Law, the Amended Investment Policy for the Town of Red Hook is hereby approved in the form on file with the Town Clerk
- In addition to the depositories authorized in Section 11A of the Investment Policy as annually approved by the Town, the Town shall be authorized to invest moneys in an amount not to exceed $9,000,000 pursuant to the NYCLASS Cooperation Agreement amended and restated as of March 14, 2014
Whereas
- WHEREAS, a proposed amendment to the Investment Policy ('Amended Investment Policy") has been submitted to the Town Board of the Town of Red Hook, and such proposed Amended Investment Policy is on file with the Town Clerk
Subject key:
investment_policy