HomeMy WebLinkAbout11 10 08_Approve the Appointments of Commissioner Krauss and Mayor Jacobson to review the Depository Bonds and Pledged Securities as of September 30, 2008
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Laurae Clark, Treasurer and
Chris Kukulski, City Manager
SUBJECT: Appointment of Sub-Committee to Review Pledged Securities
MEETING DATE: November 10, 2008
RECOMMENDATION: Appoint Commissioner Krauss and Mayor Jacobson to review the
depository bonds and pledged securities as of September 30, 2008.
BACKGROUND: Section 7-6-207 (2), MCA, requires the City Commission to approve
pledged securities at least quarterly. The Commission appoints two commissioners quarterly on
a rotating basis.
FISCAL EFFECTS: None
ALTERNATIVES: As suggested by the City Commission.
Respectfully submitted,
_________________________________ ____________________________
Laurae Clark, Treasurer Chris A. Kukulski, City Manager
Attachments: None
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