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HomeMy WebLinkAboutAppoint Cr. Rupp and Cr. Bryson to review the Depository Bonds CommissionMemorandum REPORTTO: HonorableMayorandCityCommission FROM: LauraeClark, Treasurer AnnaRosenberry,FinanceDirector ChrisKukulski,CityManager SUBJECT: AppointmentofSub-CommitteetoReviewPledgedSecurities MEETINGDATE: November2,2009 AGENDAITEMTYPE: Consent RECOMMENDATION: AppointCommissionerRuppandCommissionerBrysontoreview thedepositorybondsandpledgedsecuritiesasofSeptember30,2009. BACKGROUND: Section7-6-207(2),MCArequirestheCityCommissiontoapprove pledgedsecuritiesatleastquarterly. TheCommissionappointstwocommissionersquarterlyon arotatingbasis. FISCALEFFECTS: None ALTERNATIVES: AssuggestedbytheCityCommission. Attachments:None