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Mulberry council adopts updated investment policy, affirms compliance with state law
Summary
Council voted to adopt a resolution formally approving the city's investment policy; council members said the draft contained only grammatical edits and conforms to the Texas Public Funds Investment Act (Local Government Code, Title 10, Chapter 2256).
The Mulberry City Council approved a resolution adopting an updated municipal investment policy after brief discussion.
Speaker 2 introduced the resolution and said the version before council had typographical and spacing corrections from the previous packet. Speaker 2 and Speaker 1 told the council they compared the draft to the Local…
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