Resolution 2022-27 RESOLUTION NO.2022-27(R)
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS,
APPROVING THE CURRENT INVESTMENT POLICY, PROVIDING FOR
SCOPE OF THIS POLICY, PROVIDING FOR INVESTMENT OBJECTIVES,
PROVIDING FOR AN INVESTMENT COMMITTEE, PROVIDING FOR
DELEGATION OF AUTHORITY, PROVIDING INVESTMENT STRATEGIES
BY POOLED FUND GROUPS, PROVIDING FOR STANDARD OF CARE,
PROVIDING FOR OTHER INVESTMENT GUIDELINES, PROVIDING FOR
INVESTMENTS AUTHORIZED BY PUBLIC FUNDS INVESTMENT ACT AND
INVESTMENTS UNAUTHORIZED BY THE CITY, PROVIDING FOR
PORTFOLIO DIVERSIFICATION AND MATURITY LIMITS,PROVIDING FOR
SELECTION OF BROKERS/DEALERS, PROVIDING FOR SELECTION OF
DEPOSITORIES, PROVIDING FOR SAFEKEEPING AND CUSTODY,
PROVIDING FOR RECORD KEEPING AND REPORTING, PROVIDING FOR
ETHICS AND CONFLICTS OF INTEREST, PROVIDING FOR POLICY
REVISIONS; AND MAKING VARIOUS FINDINGS AND PROVISIONS
RELATED TO THE SUBJECT.
WHEREAS, the Public Funds Investment Act, as amended, requires the City of Wylie to adopt
the investment policy by rule, order,ordinance or resolution; and
WHEREAS,the Investment Policy was originally approved December 12,2006;and
LWHEREAS, the Investment Policy complies with the Texas Government Code, Chapter 2256,
Public Funds Investment Act, Subchapter A — Authorized Investments for Governmental Entities and
Subchapter B—Miscellaneous Provisions as amended, and authorizes the investment of City funds in safe
and prudent investments.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WYLIE,THAT the City of Wylie has complied with the requirements of the Public Funds Investment Act
and the Investment Policy, attached hereto, is adopted as the investment policy of the City effective
September 27,2022.
DULY PASSED AND ADOPTED by the City Council of the City of Wylie, Texas this 27th day
of September, 2022. tatthew Porter, Mayor
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ATTESTED BY:
CLP hoOkNai OiCteta, I. ;1 '
Stephanie Storm,City Secretary
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Resolution No.2022-27(R)Investment Policy Page 1 of 1