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Council reviews and adopts investment policy Resolution R25‑005
Summary
Alderman Jeff Schoppe moved and Alderman Kyle Hill seconded approval of Resolution R25‑005 to review the city's investment policy and strategy; minutes record a 4–0 vote to adopt the resolution.
The council reviewed and approved Resolution R25‑005 concerning the city’s investment policy and strategy at the Nov. 12 meeting. Alderman Jeff Schoppe moved the action and Alderman Kyle Hill seconded; the minutes show the motion "carried by a vote of 4 in favor and 0 opposed." The minutes do not include the text of the policy changes or the investment instruments referenced.
The resolution was treated as a routine oversight action. City staff are the likely implementers for any adjustments to investment strategy, but the minutes do not list a timeline or responsibilities for follow‑up reporting.
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