Mustang Ridge approves participation in LOGIC and TexSTAR investment pools
The council approved Resolution No. 26-280 to participate in the LOGIC Trust (5–0) and Resolution No. 26-281 to participate in TexSTAR (4–1, one abstention), authorizing the city to pursue short-term investment options.
The full story
The Mustang Ridge City Council approved two measures on May 11 to expand the city's short-term investment options. Councilmember Casondra Dailey moved to approve Resolution No. 26-280 for participation in the Local Government Investment Cooperative (LOGIC) Trust; Michelle Bergmann seconded and the motion carried 5–0.
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