Commissioners Court Meeting

Issue viewing agenda items? Click here to switch to the old format.

Return to the Minutes Page

Meeting Date:	06/24/2019
Multi- Bank Securities Authorization
Submitted for:	Priscilla Perez	Submitted By:	Priscilla Perez
Department:	Treasurer

Subject:

Discussion and possible action to authorize the Webb County Treasurer to work with Multi-Bank Securities, Inc. for the purchase of CD’s and other authorized investments; authorizing the approval of Non-Corporate Resolution for said purpose; authorizing the County Judge to execute all relevant documents thereof; and any other matters incident thereto.

Issue: The County Treasurer is looking to diversify our investment portfolio.

Solution: The County Treasurer will work with Mr. Pulido in order to secure CD’s and other authorized investments.

Result: Webb County’s Investment Portfolio will be diversified.

Background:

N/A

Previous Court Action:

N/A

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
N/A