Presentation and Adoption of Resolution to participate in the Florida Municipal Investment Trust - Finance Director Varney

CITY OF DANIA BEACH

Agenda Request Item

Type of Request: Resolution

(Adopt Resolution, Adopt Ordinance (1st Reading) Adopt Ordinance (2nd Reading)

Award Bid /RFP, Presentation, Public Hearing)

Continued from:

Requested Action        (Identify appropriate Action or Motion)

Adoption resolution for City to participate in the Florida Municipal Investment Trust.

Description of Action

Provide diversification of City’s investments.

Purchasing Requests ONLY
Dept:	Acct #:	Amt:
Fund:  (Select from: General, Water, Sewer, Stormwater, Grants, Capital)

Fiscal Impact/Cost Summary

Exhibits Attached

Staff Memo

Presentation of FMIvT

Declaration of Trust

0-2 Yr Quality Bond Fund Inf.

S & P Rating

Fitch Rating

FMIvT April Performance

Resolution