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HomeMy WebLinkAboutRES 2024-014 RESOLUTION NO. 2024-014 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, APPROVING THE CITY'S INVESTMENT POLICY; AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City's Investment Policy requires adoption annually by resolution; and WHEREAS, all constitutional and statutory prerequisites for the approval of this resolution have been met, including but not limited to the Open Meetings Act; and WHEREAS, the City Council hereby declares that the approval of this resolution is in the best interests of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1 . That all matters stated hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. Section 2. The Investment Policy attached is hereby adopted. Section 3. That this resolution shall take effect from and after the date of its passage. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 3rd day of September, 2024. APPROVED: William D. Tate Mayor ATTEST: � Q,RAPF — ll nn p --�Vjy Vi �L 1m zt unne LLe Wi /\ x 1k5 ,� ecity Secretary v.. 14 APPROVED AS TO FORM: flin (7) • 0-. Matthew C.G. Boyle City Attorney I Resolution No. 2024-014 2