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Council hears second reading of updated investment policy; third reading expected next month
5844358 · August 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Council reviewed an updated investment policy statement at second reading and discussed review frequency and permissible asset classes; majority of suggested edits were incorporated into the draft.
The Pepper Pike City Council received a second reading Tuesday of a proposed update to the city’s investment policy statement, with staff and council members describing changes to asset designations and an advisory review schedule.
Staff member Peter reviewed the updates, saying the draft tightens categories to favor high-grade…
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