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Council tables LGIP investment-resolution update pending prospectus review

Colfax City Council · June 15, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Resolution 26-13—an update to the city's LGIP investment-authorizing resolution—was tabled after Councilmember Golden requested distribution of the LGIP prospectus and more information before approval.

Council considered Resolution 26-13, an update to the city's Local Government Investment Pool (LGIP) authorizing resolution that incorporates required language updates. 'Hammer' presented the resolution and said it updates prior language dating back to 2014. Councilmember Golden asked that the approving body review the LGIP prospectus before taking action.

The council did not adopt the resolution that evening and tabled Resolution 26-13 pending distribution of the prospectus and further information. No further details or amounts were specified in the public transcript; the item will return when the requested materials have been provided to councilmembers.

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