WHEREAS, the Town Board (the “Board”) of the Town of North Hempstead (the “Town”) has heretofore adopted, and authorized amendments to, the Investment Policy of the Town of North Hempstead (the “Investment Policy”); and
WHEREAS, the Town Comptroller (the “Comptroller”) has requested authorization to further amend the Investment Policy in accordance with the proposed amendments set forth in the amended Investment Policy annexed hereto as Schedule A (the “Amended Investment Policy”); and
WHEREAS, the Board wishes to authorize the amendments and adopt the Amended Investment Policy.
NOW, THEREFORE, BE IT
RESOLVED that the Town Board does hereby authorize the amendments and adopt the Amended Investment Policy, a copy of which shall be filed in the offices of the Town Clerk and Comptroller; and be it further
RESOLVED that the Comptroller shall annually provide a copy of the Amended Investment Policy to each designated depository institution.
Dated: Manhasset, New York
December 18, 2018
The vote on the foregoing resolution was recorded as follows:
Ayes: Councilperson De Giorgio, Councilperson Ferrara, Councilperson Kaplan, Councilperson Russell, Councilperson Seeman, Councilperson Zuckerman, Supervisor Bosworth
cc: Town Attorney Comptroller