2017-0379
INTRODUCED BY: LARRY COCHRAN, PARISH PRESIDENT
(DEPARTMENT OF FINANCE)
ORDINANCE NO. ____________
Title
An ordinance adopting an investment policy for the Parish of St. Charles.
Body
WHEREAS, Revised Statute 33:2955(D) was enacted by Act No. 374 of the 1995 regular session of the Louisiana State Legislature requiring that all political subdivisions of the State develop and adopt an investment policy; and,
WHEREAS, the Director of Finance of the Parish of St. Charles has drafted a proposed investment policy; and,
WHEREAS, the St. Charles Parish President and the Director of Legal Services of the Parish have reviewed and approved the investment policy draft, and
WHEREAS, the Council of the Parish of St. Charles has reviewed the proposed policy.
THE ST. CHARLES PARISH COUNCIL HEREBY ORDAINS:
SECTION I. That the attached Investment Policy for the Parish of St. Charles is hereby approved and accepted.
The forgoing ordinance having been submitted to a vote, the vote thereon was as follow:
And the ordinance was declared adopted this _______ day of _________, 2017. The provisions of this ordinance shall become effective January 1, 2018.
CHAIRMAN:______________________________________________
SECRETARY:_____________________________________________
DLVD/PARISH PRESIDENT:_________________________________
APPROVED:______________ DISAPPROVED:__________________
PARISH PRESIDENT:______________________________________
RETD/SECRETARY:_______________________________________
AT:_______________RECD BY: _____________________________