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Council adopts city investment policy

City of Clear Lake Shores City Council · April 7, 2026
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Summary

The council unanimously adopted Resolution 2026-04 to formalize the city's investment policy. The change updates the city's governance on investment practices; no fiscal impact or specific portfolio details were listed in the minutes.

The Clear Lake Shores City Council adopted Resolution 2026-04 at its April 7 meeting to approve the city's investment policy. Councilman Rick Fisher moved the resolution and Councilman Jeff Terrell seconded. The motion passed unanimously.

The minutes record the adoption without further debate or additional details about changes to investment strategy or portfolio targets. The resolution provides the city's formal framework for managing public funds; staff will retain the resolution in city records and implement any procedures called for in the policy.

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