Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Investments topic
No spam. Unsubscribe anytime.
Clifton authorizes participation in NYClass municipal investment program
Summary
The board authorized Deputy Supervisor John Russell to participate in the NYClass municipal cooperation agreement (amended Aug. 1, 2023) and voted to sign the agreement; motion passed unanimously.
The Town of Clifton board authorized participation in the NYClass investment program under the NYClass Municipal Cooperation Agreement (as amended and reinstated Aug. 1, 2023). The authorization names Deputy Supervisor John Russell as the town representative for participation under the agreement's terms.
William Griffin moved to sign the NYClass agreement and Brett Blackmer seconded; the motion carried with all members present voting in favor. The board treated the authorization as an administrative step to allow the town to access pooled-investment services under NYClass.
No financial commitment amount was recorded in the meeting minutes; the board approved the motion to participate and will follow the program requirements for administration and reporting.
