Council approves annual investment policy, updates streetery and bicycle rules

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 asked the council for approval; the ordinance passed on a roll‑call vote (tally announced 5‑0).

Council also approved Ordinance 2025-54, amending the city’s streetery rules. City staff (referred to in the record as Miss Chosnick) said the changes require consent when a streetery extends in front of a neighboring business, refine administrative responsibilities among the parking commission and the engineer’s office, and retain the existing requirement that streeteries be removed by Nov. 1. The ordinance passed on second reading by a 5‑0 vote.

Finally, council adopted Ordinance 2025-55, which made minor edits to the municipal bicycle rules. Staff described the update as the product of interdepartmental conversations and said it shortens the amount of time a bicycle left on public property may remain before being treated as abandoned. The record contains an exchange in which staff cited a reduction from seven days to three days and later referenced two days in a specific context; the ordinance was adopted by a 5‑0 vote.

All three measures were approved without further public comment or substantive council debate and took effect as provided by city code. The council also recorded routine reports as on file with the clerk’s office.