[{"_1":2,"_84":-5,"_85":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,73],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":-5,"_68":69,"_70":-5,"_71":56,"_72":56},"mediaId",6512640,"mediaKeyId","5107534-359925b59e8ec4fb96b7652ae4b5d0f9","parentId",5107534,"title","Fiscal committee approves streamlined city investment policy and creates investment committee","audioSeconds",31,"startMs",64000,"endMs",95000,"viewUrl","/Search/View?dp=1&key=5107534-359925b59e8ec4fb96b7652ae4b5d0f9&start=64&end=95","thumbnailUrl","https://assets.pipeline.soar.com/5107534-359925b59e8ec4fb96b7652ae4b5d0f9/thumbnail_64000.jpg","articleUrl","/articles/6512640/Fiscal-committee-approves-streamlined-city-investment-policy-and-creates-investment-committee","mediaUrl","https://secure.pipeline.soar.com/6512640-cb4ee0fda21d1584d3434f147e1aa7cf/orig.mp4?Expires=1771174044&Signature=Old9JeHHdOo56oELZHcvfdPyKFoyHXL5BviQzbsKJ-mPGu2NPZZlMgecCIGc4C6E3BWEfcOyNYVTiFSGH2zTln3WDXNl2553AZkZQZNYZnqpL8wLmIVbHAOZKH8wF2RqJZ0jF01d~BXwc5d9OB1kl7z90Qdn13vPgMs88BKmhv0OMpEWs8POh0ljpyk~aPI3g0GPIzuVsxWrFle9ckrOEhnyMZozwbQKTeo95neNRb78PVNFEyscYn1J9IctdPSZPCWVpxftQrj9lquY1O3w-Qf1GYpQrc17zBUPpVTAVsLr4~dpJn8gLQdqm7aHuHlffezUSng-GNivL4Rx~3CbGA__&Key-Pair-Id=KUT5TJCACFTXG","author","","date","2025-07-01T04:15:14.977Z","article","The Grand Rapids City fiscal committee approved a resolution to amend the city commission's financial investment policy, the committee reported in its meeting recap.

According to the fiscal committee, the previous policy ran about 6,500 words; the revised version is just over 5,000 words. The rewrite aims to streamline language and clarify procedures. The amendment also creates an investment committee to provide strategic and operational guidance, places a new emphasis on collateralization of deposited monies, and requires continued education and certification for staff who handle investments.

The transcript did not record the specific text of the resolution, the identity of any mover or seconder, or the recorded roll-call vote. The committee described the changes as intended to make the policy \"clearer and more concise.\" The transcript did not specify which staff roles require certification, the timelines for required education, or the committee’s membership and reporting schedule.

The fiscal committee framed the change as an oversight and governance improvement; no statutory citations or external regulatory requirements were cited in the recap. The committee advised interested parties to follow Commission Connected and city meeting streams for the full revised policy text and implementation details.","mediaType","Video","parentTitle","Policy Rewrite, Park Revamp & Pride Proclamation | Rapid Recap June 10, 2025","oneSentenceSummary","The Grand Rapids City fiscal committee approved a resolution to amend the city commission's financial investment policy, shortening the policy and creating an investment committee while emphasizing collateralization of deposited monies and requiring staff education and certification.","taxTitle","taxId",0,"location","headline","shortSummary",{"_33":74,"_35":36,"_37":38,"_39":75,"_41":76,"_43":77,"_45":44,"_47":78,"_49":79,"_51":80,"_53":81,"_55":56,"_57":58,"_59":82,"_61":62,"_63":64,"_65":83,"_67":-5,"_68":69,"_70":-5,"_71":56,"_72":56},6512645,"Fiscal committee accepts $5 million state grant for Plaza Roosevelt and Roosevelt Park improvements",38,26000,"/Search/View?dp=1&key=5107534-359925b59e8ec4fb96b7652ae4b5d0f9&start=26&end=64","https://assets.pipeline.soar.com/5107534-359925b59e8ec4fb96b7652ae4b5d0f9/thumbnail_26000.jpg","/articles/6512645/Fiscal-committee-accepts-5-million-state-grant-for-Plaza-Roosevelt-and-Roosevelt-Park-improvements","https://secure.pipeline.soar.com/6512645-78b4f2d7be35478c17f3f88391c15048/orig.mp4?Expires=1771174044&Signature=lTsYOtrzx8bA3mDHezspoXcS593jvA5J-hrwK-9nKC3GKCPa65o4-4PqRKOPCPJytl1wnnV4-83E2lxP~Zw0Ux8mE8VbeMVqfvn4fJ6YCd0BNOp9U5~fJDzGAXJ49SiwuPe3ckIkLfwcCuc95Hrc0FGmZRdq036oIXDD0l3GsXlHxDRZZPyWZgZe7C2874NXC4wWjCbw3jsxgGrg56TzhLd-ijboPzTCjf-229GjsqedxMOM5KX~iGErrQQYpJH2TqyPNLZ6uAZe6pZfeQQ14Ai7zVkaQSup5NFV9eJ11Oof5rmjQfpVd7iWU8BU0XMAVy8y89kgyOFNoPuRMmG6fQ__&Key-Pair-Id=KUT5TJCACFTXG","The Grand Rapids City fiscal committee accepted a $5,000,000 grant from the state to fund improvements at Plaza Roosevelt and Roosevelt Park, the committee said during its meeting recap.

The award will support creation of a new park space, a small playground, rehabilitation work on an existing lodge, reconstruction of the parking lot and additional unspecified work at the two sites. Construction activity has already begun, and the fiscal committee said Roosevelt Park improvements are slated to start next year.

The committee accepted the grant as part of its fiscal business; the transcript did not record a roll-call vote or the identity of any mover or seconder. The committee described the funding as coming from a state grant; the transcript did not provide a statute or grant program name.

The funding is intended to update public amenities used by Grand Rapids residents and visitors. The transcript did not specify the grant's award conditions, the expected construction timeline beyond \"improvements slated to start next year,\" or the contractor(s) involved.

Residents and stakeholders who want more detail were advised to follow Commission Connected and the city’s public meeting streams. The fiscal committee did not provide further budget line-item detail in the meeting recap.","The Grand Rapids City fiscal committee accepted a $5,000,000 state grant to fund a new park space, a small playground, lodge rehabilitation, parking-lot reconstruction and related work at Plaza Roosevelt and Roosevelt Park; construction has already started and park improvements are slated to begin next year.","actionData","errors"]

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Fiscal committee approves streamlined city investment policy and creates investment committee

Fiscal committee accepts $5 million state grant for Plaza Roosevelt and Roosevelt Park improvements