City Council Meeting February 10, 2026

City of Cocoa City Council · February 11, 2026

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Investment program presentation

Presentation

0:00 → 6:20(6m 21s)

Mr. Gray presented the city's investment program and said the primary objective is "safety first," noting heavy weighting to U.S. Treasuries and a target average maturity of about 2 years. He reported book yield of 3.79% and that net income for 2025 was "just under $1,000,000," up from $550,000 the prior year.

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City of Cocoa council meeting covering the city's investment program, public comments about a stalled home rehabilitation (1001 Montclair), approval of a Walmart development agreement addendum to allow a fuel station, ceremonial renaming of the Riverfront promenade and several routine votes and reports.

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Transcript

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