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Commission adopts updated investment policy for Treasurer's Office
Summary
The Cass County Commission approved Resolution 26-37 to adopt an updated investment policy proposed by the Treasurer's Office; staff said the policy aligns with recent changes and removes one obsolete investment type. Vote: 3–0.
The commission approved Resolution 26-37, adopting an updated investment policy for the Cass County Treasurer's Office.
Paul explained that the county's policy had not been updated since 2001 and that the General Assembly and successive commissions made changes over the years. He said the update includes minor changes and removes one investment type now considered irrelevant. Commissioners asked no substantive questions and approved the resolution by voice vote, three to zero.
The update is intended to align county practice with current law and customary practice among recent commissions; specific investment instruments and the policy text were not read into the public record during the meeting.
