HomeMy WebLinkAboutR-05-0463City of Miami
Legislation
Resolution: R-05-0463
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-00698 Final Action Date: 7/28/2005
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND APPROVING THE AMENDED CITY OF MIAMI INVESTMENT
POLICY ("INVESTMENT POLICY"), ATTACHED AND INCORPORATED; DIRECTING
THE CITY MANAGER TO INSTRUCT THE DIRECTOR OF FINANCE TO
IMPLEMENT THE AMENDED INVESTMENT POLICY.
WHEREAS, Resolution No. 01-448, adopted May 10, 2001, accepted and authorized the
implementation of the City of Miami Investment Policy ("Investment Policy"); and
WHEREAS, on July 19, 2005, the Finance Committee met and approved the recommended
amendments to the Investment Policy; and
WHEREAS, the Department of Finance is recommending that the City Commission accept and
approve the Finance Committee amendments to the Investment Policy;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The amended Investment Policy, attached and incorporated, is accepted and
approved.
Section 3. The City Manager is directed to instruct the Director of Finance to implement the
amended Investment Policy.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
Footnotes:
City of Miami
Page 1 of 2 File Id: 05-00698 (Version: 11 Printed On: 11/22/2016
File Number: 05-00698 Enactment Number: R-05-0463
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File Id: 05-00698 (Version: 1) Printed On: 11/22/2016