HomeMy WebLinkAboutMayor Jacobson and Commissioner Becker to review depository bonds Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Laurae Clark, Treasurer
Anna Rosenberry, Finance Director
Chris Kukulski, City Manager
SUBJECT: Appointment of Sub-Committee to Review Pledged Securities
MEETING DATE: August 10, 2009
AGENDA ITEM TYPE: Consent
RECOMMENDATION: Appoint Mayor Jacobson and Commissioner Becker to review the
depository bonds and pledged securities as of June 30, 2009.
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.
Attachments: None
Report compiled on: July 23, 2009
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