HomeMy WebLinkAbout4-16-07 Packet Item_Appoint Sub-Committee to review Pledged Securities_12
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: April 16, 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 Krauss &
Commissioner Becker to review the depository bonds and pledged securities as of March 31,
2007.
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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