Board Agenda - January 16, 2007

3. Policy CDA(Local) - Other Revenue: Investments - 1st reading

Presenter: Karla Oliver

Purpose: A - Request decision - closure required

Time: 5 minutes

Description:

Additional language has been added to our local investment policy to provide further documentation regarding the investment practices used by the District to address specifically credit and interest rate risk. This policy has been reviewed by legal counsel

Recommendation:

Approve CDA(Local) on first reading.

Business Impact:

None.

Summary:

Appendix:

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