HomeMy WebLinkAboutAppoint a sub-committee of two commissioners to review pledged securities_11 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
June 30, 2012.
MEETING DATE: August 6, 2012
AGENDA ITEM TYPE: Consent
RECOMMENDATION: Appoint Deputy Mayor Krauss and Commissioner Mehl to review
the depository bonds and pledged securities as of June 30, 2012.
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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