CITY COMMISSION AGENDA ITEM

Department:	Finance		Commission Meeting Date:  Dec. 11, 2018
Staff Contact:	Jeremy Willmoth, Finance Director
Recommendations/Options/Action Requested:
Adopt Resolution No. 7277 7171, authorizing the City to invest certain city funds in accordance with State Law governing the investment of public funds
Executive Summary:		The City is already a member of the Kansas Pooled Money Investment Board’s Municipal Investment Pool (MIP). A requirement of the pool is that authorized account signatories must be approved by Resolution of the Governing Body. Staff is requesting approval of the attached Resolution so that the new Finance Director can be added as a signatory to the account.
Strategic Plan Critical Success Factor		Effective Governance/Professional Administration Sound Fiscal Stewardship
Fiscal Impact (Amount/Source):		There is no fiscal impact to the City.
Attachments:		Resolution No. 7277

Reviewed By: (for CMO use only)

☐TM ☐DS ☒CT ☐BM