HomeMy WebLinkAboutAppoint Commissioner Taylor and Commissioner Andrus to review bonds and securities.pdf
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Laurae Clark, Treasurer
Anna Rosenberry, Finance Director
Chris Kukulski, City Manager
SUBJECT: Appoint a sub-committee of two commissioners to review pledged securities as of
December 31, 2010.
MEETING DATE: February 7, 2011
AGENDA ITEM TYPE: Consent
RECOMMENDATION: Appoint Commissioner Taylor and Commissioner Andrus to review
the depository bonds and pledged securities as of December 31, 2010.
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.
UNRESOLVED ISSUES: None
ALTERNATIVES: As suggested by the City Commission.
FISCAL EFFECTS: None
Attachments: None
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