HomeMy WebLinkAboutR-15-0081City of Miami
Legislation
Resolution: R-15-0081
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00079 Final Action Date: 2/26/2015
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
ACCEPTING AND APPROVING THE AMENDED AND RESTATED CITY OF MIAMI
INVESTMENT POLICY ("INVESTMENT POLICY"), ATTACHED AND
INCORPORATED; DIRECTING THE CITY MANAGER TO INSTRUCT THE
DIRECTOR OF FINANCE TO IMPLEMENT THE AMENDED AND RESTATED
INVESTMENT POLICY.
WHEREAS, Resolution No. 01-448, adopted May 10, 2001, accepted and authorized the
implementation of the City of Miami ("City") Investment Policy, as subsequently amended pursuant to
City Commission Resolution No. 05-0463, adopted July 28, 2005, No. 07-0504, adopted September
11, 2007, and No. 14-0347, adopted September 11, 2014 (collectively, "Investment Policy"); and
WHEREAS, on January 15, 2015, the City's Finance Committee met and approved the
recommended amendments to and restatement of the Investment Policy; and
WHEREAS, the City's Department of Finance is recommending that the City Commission accept
and approve the Finance Committee amendments to and the restatement of 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 fully set forth in this Section.
Section 2. The amended and restated 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 and restated Investment Policy.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10)
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 1 of 1 File Id: 15-00079 (Version: 11 Printed On: 2/5/2018