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Morgantown council approves consent agenda and votes to permit short‑term investments in state pooled fund
Summary
Council approved a five‑item consent agenda and unanimously passed a resolution authorizing limited city funds to be placed in the West Virginia Board of Treasury Investments consolidated fund (money‑market pool) to seek higher short‑term yields while maintaining liquidity.
MORGANTOWN, W.Va. — At its Dec. 2 meeting, Morgantown City Council approved a five‑item consent agenda and unanimously passed a resolution to allow certain short‑term city cash reserves to be invested in pooled funds managed by the West Virginia Board of Treasury Investments.
The consent agenda included two fiscal‑year budget revisions (Morgantown General Fund revision #3 and Capital Escrow Fund revision #4) and first readings of three lease ordinances for office space at the Morgantown Airport and a lease for the Morgantown History Museum at the historic post…
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