Detroit Water and Sewerage Department
File #: 13-0603    Version: Name:
Type: Policy Status: Passed
In control: Financial Services
On agenda: 1/21/2014 Final action: 1/21/2014
Title: The Board of Water Commissioners authorizes the Director to adopt the Detroit Water and Sewerage Department Investment Policy as outlined in the attached policy, and also authorizes the Director to take such other action as may be necessary to ensure adherence to this policy.
Indexes: Finance Committee
Attachments: 1. Investment Policy for BOWC meeting 1.21.2014.pdf, 2. Investment Policy Letter.pdf
 
 
Title
The Board of Water Commissioners authorizes the Director to adopt the Detroit Water and Sewerage Department Investment Policy as outlined in the attached policy, and also authorizes the Director to take such other action as may be necessary to ensure adherence to this policy.
Body
Agenda of January 21, 2014
Item No.13-0603
Investment Policy
 
                                          
 
 
TO:            The Honorable
Board of Water Commissioners
            City of Detroit, Michigan
 
FROM:      Sue F. McCormick, Director
            Detroit Water and Sewerage Department
 
DATE:      January 21, 2014
 
RE:            Proposed DWSD Investment Policy
 
MOTION:  Upon recommendation of Sue F. McCormick, Director, the Board of Water Commissioners authorizes the Director to adopt the Detroit Water and Sewerage Department Investment Policy as outlined in the attached policy, and also authorizes the Director to take such other action as may be necessary to ensure adherence to this policy.