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DATE SUBMITTED: 9/18/07
BILL# D 7- 2. 30
AGENDA BILL
CITY OF BREMERTON
CITY COUNCIL
........................................................................................
SUBJECT: Ordinance No. 50aL
Amending Chapter 2.14 of the Bremerton
Municipal Code relating to the Investment
Committee
Committee Meeting Date: 9/26/07
COUNCIL MEETING Date: 10/3/07
Department: Financial Services
Presenter: Cathy Johnson
Phone: 473-5296
SUMMARY: Chapter 2.14 of the BMC was last updated in September 1987. A review of the
current provisions has resulted in recommended changes to the composition of the Investment
Committee as well as ongoing reporting requirements.
A TT ACHMENTS: Ordinance and Discussion Memo.
FISCAL IMPACTS (Include Budgeted Amount): Adoption ofthe ordinance will have no direct
fiscal impacts.
COMMITTEE CHAIR
COUNCIL PRESIDENT:
H~{41 ~~;: f
. CONSENT AGENDA ~
GENERAL BUSINESS 0
PUBLIC HEARING 0
RECOMMENDED MOTION: Move to approve Ordinance No. 5oJ..4- amending Chapter 2.14 of
the Bremerton Municipal Code relating to the Investment Committee
APPROVALS:
DEPARTMENT DIRECTOR:
CITY ATTORNEY:
FINANCE DIRECTOR:
MA YOR:
COUNCIL ACTION: ~pprove 0 Deny 0 Table
o Continue 0 No Action