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Council approves annual investment policy, updates streetery and bicycle rules
Summary
The Lafayette City Council unanimously adopted three ordinances on second reading: an annual investment policy designating the city controller as investment officer, amendments to streetery rules to require business consent and clarify responsibilities, and a shortened time for bicycles left on public property to be deemed abandoned.
The Lafayette City Council on second reading adopted three ordinances aimed at city finance and downtown operations.
City Controller Jeremy Deal presented Ordinance 2025-53, which establishes an annual investment policy that designates the city controller as the investment officer, requires conformance with state law, and authorizes contracting with a regulated investment professional for one‑year terms. Deal…
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