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Task force approves minutes, updates procurement status and adjourns

Utah State Treasurer - Asset with Best Level of Use Task Force · June 27, 2025
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Summary

The task force approved prior minutes by voice vote, was told the procurement for an investment study is nearing completion, and adjourned by voice vote. Staff agreed to send RFP materials and to finalize the vendor selection this week.

Tina Cannon (S6) moved to accept the minutes; a second was recorded and the motion passed by voice vote (all in favor). Chair Marlo Oates (S1) then reported that the procurement for an investment study to examine public-fund investment strategies is in its final stages and that staff expects vendor selection to occur this week. Howard Hadley (S11) requested direct copies of the RFP materials; staff (S2) agreed to distribute attachments to members who want them.

At the meeting's close, Chair Marlo Oates (S1) called for a motion to adjourn; the motion was seconded and the group adjourned with a voice vote. No formal roll-call vote tally was recorded in the transcript.