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Columbia Falls approves state short-term investment participation and updates street maintenance assessments
Summary
The Columbia Falls City Council unanimously approved Resolution 19-53 to participate in the Montana Board of Investments Short Term Investment Pool and Resolution 19-54 to adjust the city's street maintenance district assessment method for larger lots.
The Columbia Falls City Council voted unanimously to approve two annual resolutions: one authorizing the city's participation in the Montana Board of Investments Short Term Investment Pool and another redefining assessments for the Columbia Falls Street Maintenance District.
City Manager explained the Short Term Investment Pool provides a liquidity option for municipal funds and that Resolution 19-53 designates the city's account authority and signatory arrangements for…
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