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7-89-Resolution-Adopting an Investment Policy-10/02/1989RESOLUTION R7-89 ADOPTING AN INVESTMENT POLICY OBJECTIVE AND PRIORITIES INVESTMENT METHODS iave t a,aea..al latalir i *gip xg`a C 1 I-il{.;iif +. .w 9 t.lxc; c;it; cad ral?;c * 1 ; ° c i cl. tl . s 'callca ✓via: irIve staxx.01 t. Policy (and b lleves its enactment would he to the f ir).amial l xat f"ii. of the City OfSangeap, iewr It xrrt axi. tho followin ii)w str wnf. polk, f;:) 'T'c7 iba tLrr tliF. ° f l c7t° C'it cal" ti x x E•x t"irxazl rxtl i : as rxi :l Fpayxcl la aal inVesl ix , 0.1 k:;ity l ur:acl t onsi fc:w wil;la ( l 1"ixe axx<a : iaxxl atza°t.a xt. 1>a°i ax°it. r F lxaal.l. lacy to l z°c icC t a, i.l► .a4 ,y . a f° c,alait lip VA IkI iliE , Crxlcl. E°rall0f: rpral., lxx rctaaxcxrat. 1' r 'clx<ul ►c, :,l , car Krr:a ;c,,a, U lx< ll aa t a1.1 a t%)° 411.1 d,.f" tlxa t°c lli rj(axi. irr* t ;l,xxxtaaxl 7 t>r:axx r at Tx:at atla f ;ti r ral xgxcl. tKri.tvy .1 <rzacl tit:ra°:r a a:at. tl .raxl:n Obligations of the Uraif;ecC. Si;a.te , raf AxmoAx"c-:;i,, lf:s lr:i f:i°atr:rit :afural.if:l< ( ,') Lii:a'r::t l ()l,yll ?a i.i.4: t S Oftl-a t il.t'> t:aa l' s kxF rrtr! x ,c lxt..tt-.v tlaE °t}rxt°. INVESTMENT INSTITUTIONS INVESTMENT COLLATERAL -IAG(4; ? (W)) Cif:,lac r c i 11 ra.tic7i , ttw prinn;ll:>Oal ulA 'I"i uz:i . can vkv ni (Al unconrlit.iearvally guaranteed oil insural }7y the State of T exas oil the C i).ftod Strategy, or Anaiovlca. ( l) f)171i ra:l.ie>ia c-si t al:€; , a,t e riarie t.lae.b:t e cal', ccaiicatie , witi = <. cacl other lie}.l:if:ic a.l sr.il: divLca ins of any state h aar IInn t eerl voted. ted. as to Iove stica.ent quality by da. nato.D ally reye d,t nize l iia re t,xae i t r atiia t'iriaa and having ree onve d in real In( of nc i less than A or its equivalent. ( ('r i°t t .c [if c, caf` c eiat:aw it c fg ;t at : .rc . i:c atieaia4a 1. ialh ; c .c►i iy ht.rstno,:s to TE xnss, ! ?'ii arm)tok(N] m )i-oreadml ley they !'cycle n) De t.l•lo6F9. t. iT)sl_ii an4..o Corporation at.64.1n C.l! H.+l successor or ``i x_: C_urd,..d. 1,= c' A,li 'datid$it t,l.e>; t rllaa`cl In (1) throl. L.1) (4) altr von {atzd poE° tl,ac.kf to .Art.)d}te 2' 1) (b I as amended gel by HII,, 1.775 (l tit) a) a ir"tt.M"A Walile DO less than princip;A or the (C)) f dan sy. il rk t, lii let.i i nt t .e>ieiat . ("d) `t lies .it.y larall li t-g cl.li t igy f.t,ie, c i laaall lay% l-ac t> ,t,Ctir icier, I -MA A ii:i tlaer C;ity' ri i ad ley n :lracl t e iicle ixt. t.laii°e: 17ck.i'I t=riui tca r yiaae nt l:,eiia, inacicr by t.lic pity for t.h ln ertixae iat, liatltirtie ia '1'lkd t;tj r,fi ; a. ►r lrvcal.l t, (:'icy fmov t/n)d i,ldt. t_"i:li i etit Bank lJoposltory A, t iza. iit: : c je i ie ai 'c 1lFate` F .I ffiiei .i, inveated. C .t MATURITY AND DIVERSIFICATION LIABILITY REPORTING i n:)t:)Lk! I"1"1C IAGE 'I l natal;. LjkO- kw)JlcJl C:.;011A°Oki Vvltlacst_t#: ,c 'pjJ l«tr, it:t t.;taA ; Vt` r'iat,+s°t; Vsf t.ls6- f°tailcst°.Lira?: taa$z.gas.r°> S"!#Mcs Agt'11t"ic'.` (; ! l t.#14t,a1 l cattSita ; Ac:ltctlttisit°,ati.on Mot( f 4) F,at°t.dco.v)s llmnne . ,Cl aa. tt fi. l.iis a We 55) Federal N a,i: o.n al Float, ;rag)%) Association bonds rdcla ccttr°ii:i lal t i a crsll at, r ,al lrtall lacy . . 1sc =y.i1;A.a;w a:t t,r t.at: iiAtli the Federal 'I eserve Bank or an independent 1nvest eDt Instilul.1011 r.iti let', an appropriate 1 ,al Contract. }ac' .ttyal:. cafy w crarwit.l era l sl c l. ' ,1 ;.la all lst c l. tyr alra c,l 1-sy tl t: lt" "t'1:a City! cif xra.ta c r• la,all lt'ivc lta ,t° ; l alra racart 1 lic`irtic`lil.;jr ltra i0Vt.Slr,YW0ffq to cc)VOt° UYA cASM cal° Ulty 6arTyO SWall Ol:Sca hrive to clivp:t'sircy the, itavesfimelll c on l t,enl With tho (I)blj et°11NfO- ta.f l lal > l:jtal ity. I,,l al:sllll tcatry ,ata}' lts !it' ,y lt_trctl tla yttr 'l.# tld f,ailtt.c € sr` daE{z lt5r't'd tip l. sosltovy, nor fa..t:ly loss r'esult.ita t°rvobnal tacar9r jvd flucttl,alloil raced rtia,at.ke vd=srtt.el l-u, l tac sila}la.ay in tl-sis la,tll relc,asc the t'tll,ayo, Cityrti li'moovio oil „pit S '•cr ta`v floc ). olv ions cET a fit'd 9°t'ol)41 °elCay tsi'f°ir°i.Ktl tai cc tat.iti °t oIl fiar«lo 'etat,e oo la is or befit. laav1. 1,lo r f'i°tsar`, aoy F presst ir.rilil:j 1`or° the funds of 'he (I V s.t-cl it rt clei4sosiJ st°,y shall hv,-A cAlected and the .ftijAS cic positcA ther elta) rarar" for ,aray rM.Sappr opr°iat.icara of Such funds. Dc7t t ttt ' 11 lt4ail l,a f1aE t t.ti.y ctf tlac Cif Manager c:sf" cacal.tfy l:ltc C;.ity Ctarttac.:il caf taray italt°ic: a.tat. c,la tat, ' ir c ct.tt t €-:i:si. j 2nd _._ day of vOctober. r. , ' -'• 8 _ ()f ') C;i $ of r, °, Denton County, ;° s; a , t . ° l v f 2ND OCTOBER 1989