HomeMy WebLinkAboutPacket 2007-02-20_35-36_Appoint Sub-Committee to Review Pledged Securities
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: February 20, 2007
BACKGROUND: Section 7-6-207 (2) MCA requires the City Commission to approve
pledged securities on at least a quarterly basis. Two commissioners will be appointed quarterly
on a rotating basis.
RECOMMENDATION: Motion to approve the appointment of Commissioner Rupp &
Commissioner Becker to review the depository bonds and pledged securities as of December 31,
2006.
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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