HomeMy WebLinkAbout1998-050 CCRMember Kathleen Carmody introduced the following resolution and
moved its adoption:
RESOLUTION NO. 94-50
RESOLUTION APPROVING SPECIFICATIONS FOR REQUESTS FOR
PROPOSALS FOR CUSTODIAN OE-INVF.,STMFNTS
WHEREAS, the City Council adopted a Policy and Procedure on Requests
for Proposals for Financial Profession Services; and
WHEREAS, proposals for a custodian of investments are to be solicited in
1998 in accordance with this policy; and
WHEREAS, the staff and the Financial Commission have developed
specifications for proposals for custodian of investments and are recommending the
attached specifications to the City Council.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Brooklyn Center that the specifications for Requests for Proposals for Custodian of
Investments are hereby approved.
April 13, 1998 r~
Date U Mayor
ATTEST: -~j "law
Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Debra Hilstrom and upon vote being taken thereon, the following
voted in favor thereof: Myrna Kragness, Kathleen Carmody, Debra Hilstrom and
Robert Peppe;
and the following voted against the same: none ;
whereupon said resolution was declared duly passed and adopted.