Title
Approval of a Resolution to update the authorized individuals and the bank name for the Georgia Fund One investment pool.
Administration
Body
Item Summary:
One component of the City's investment policy includes the Georgia Fund 1 Local Government Investment Pool. This resolution authorizes certain City Officials to deposit and/or withdraw funds from the local government investment pool and where withdrawals shall be wired.
Committee or Staff Recommendation:
On March 12, 2013 the Administration, Finance, and Recreation and Parks Committee recommended placing this Item on the March 25, 2013 Mayor and Council Agenda.
Financial Impact:
N/A
Presented by:
Keith Lee, Finance Director