ORDINANCE NO. 2013-008

 

 

 

 

CITY OF DANIA BEACH

 

Agenda Request Item

 

 

Type of Request: Adopt Ordinance 2nd Reading

(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)

Adopt Ordinance #2013-008 on Second Reading.

 

Description of Action

Amends the Police & Fire Pension Plan to invest a maximum of 25% of the total fixed income portfolio, which equates to a 10% maximum of the entire investment portfolio, in bonds with a BBB/Baa rating 

 

Purchasing Requests ONLY

Dept:      

Acct #:      

Amt:      

Fund:         (Select from: General, Water, Sewer, Stormwater, Grants, Capital)

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Impact/Cost Summary

     

 

Exhibits Attached

 

Letter

Ordinance