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Reso 2024-3616
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Reso 2024-3616
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Last modified
2/22/2024 4:28:40 PM
Creation date
2/22/2024 10:09:51 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2024-3616
Date (mm/dd/yyyy)
02/15/2024
Description
Approving Revised Investment Policy of the City of Sunny Isles Beach.
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greater than the amount of the funds initially invested by the City through the <br />selected depository. <br />XV. PROHIBITED INVESTMENTS <br />The City is prohibited from investing in any company that engages in business with <br />any countries that are on the prohibited list as part of the Protecting Florida's <br />Investment Act (Chapter 2007-88 FS, codified as Section 215.473, F.S.), The City <br />Manager may promulgate specific requirements for the implementation of this <br />provision based upon criteria applied by the Local Government Surplus Funds Trust <br />Fund for such purpose. <br />XVI. INVESTMENT POLICY REVIEW <br />The Finance Director shall review this Investment Policy on an annual basis. Any <br />recommended changes to this policy must be approved by the City Manager and <br />subsequently by the City Commission. <br />54) <br />
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