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Council approves placing funds in Washington State Investment Pool
Summary
Council unanimously approved Resolution F-456 to place city funds in the Washington State Investment Pool after a staff presentation; the motion was moved by Councilmember Barthels and seconded by Councilmember LaBar.
Cheney City Council voted unanimously on Jan. 13, 2026 to approve Resolution F-456 to place city funds in the Washington State Investment Pool. Ms. Niemeier introduced the agenda item explaining the investment pool option; Councilmember Barthels moved the resolution and Councilmember LaBar seconded the motion, which carried without recorded opposition.
The meeting transcript records the procedural motion and the unanimous vote but does not include the verbatim contents of the staff presentation. The council did not attach a dollar amount to the item in the recorded action and the minutes do not show additional conditions or next steps for the transfer.
