Subject
Resolution 2190 - A Resolution Re-Adopting the Financial Policies and Investment Policy for the City of Hermiston and Superseding Resolution No. 2158.
Summary and Background
The City Council last approved/re-adopted the City of Hermiston's Financial Policies as well as a revision of the City of Hermiston's Investment Policy on June 8, 2020.
Today's action by Resolution 2190 will provide for approval and re-adoption of ALL the City of Hermiston's Financial Policies (including the City of Hermiston's Investment Policy) to satisfy the policy requirement for an annual approval/re-adoption of all of the City of Hermiston's Financial Policies.
Tie-In to Council Goals:
Fiscal Prudence
Fiscal Information
NONE
Alternatives and Recommendation
Alternatives
Alternatives
1. Approve Resolution 2190 - A Resolution Re-Adopting the Financial Policies and Investment Policy for the City of Hermiston and Superseding Resolution No. 2158.
2. Do NOT Approve Resolution 2190 - A Resolution Re-Adopting the Financial Policies and Investment Policy for the City of Hermiston and Superseding Resolution No. 2158
Recommendation
Approve Resolution 2190 - A Resolution Re-Adopting the Financial Policies and Investment Policy for the City of Hermiston and Superseding Resolution No. 2158.
Requested Action/Motion
Request a motion to approve Resolution 2190 - A Resolution Re-Adopting the Financial Policies and the Investment Policy for the City of Hermiston and Superseding Resolution No. 2158.
Submitted By: Mark Krawczyk