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Council authorizes participation agreement to allow city to diversify public funds
2220223 · February 4, 2025
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Summary
Council approved Resolution R-05-25 authorizing Glenn Heights to join an additional public funds investment pool to diversify holdings and potentially increase yield.
The Glenn Heights City Council voted unanimously to approve Resolution R-05-25 authorizing the city to execute a participation agreement and trust instrument to participate in a public funds investment pool.
City Manager Cliff…
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