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70-03
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11/21/2014 3:10:52 PM
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Resolutions
Number
70-03
Date
2003-09-18
Description
Establishing Standing Committees and Adopting General and Special Rules Pertaining Thereto
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• • <br /> b. to assist staff in implementation of the Town landscape policy <br /> p p Y <br /> through recommendations at subdivision, site development, Planning Commission and City <br /> Council meetings, and through review and inspection of required plantings; <br /> c. to study and make recommendations relating to landscaping and <br /> protection of public property, such as park lands, and treatment of riparian-habitat and open <br /> space within the Town; <br /> d. to identify nuisance problems and sources of pollution and <br /> recommend actions for abatement; and <br /> e. to prepare educational materials for residents outlining Town <br /> ordinances and enforcement with regard to landscape design and protection of the environment. <br /> (d) Finance and Investment Committee. <br /> (i) The membership of this Committee shall consist of eight (8) members and <br /> four (4) of the members shall meet at least one of the following <br /> qualifications: (1) a financial officer of a public corporation with five <br /> years experience; (2) investment officer of a F.D.I.C. member institution <br /> with five years experience; (3) money manager who specializes in <br /> corporate or government agency issues with a minimum of ten years <br /> experience or (4) ten (10) years experience in investment banking, venture <br /> capital and/or general management. <br /> (ii) The charges to and duties of this Committee shall be: <br /> a. to serve as an advisory body to the City Council on financial and <br /> investment matters; <br /> b. to assist in the development of five-year capital budgets and <br /> revenue projections; <br /> c. to review the annual budget and make recommendations to the <br /> City Council; <br /> d. to review the annual audit and make recommendations to the City <br /> Council; <br /> e. to study all fiscal issues and recommend possible improvements <br /> and economies; and <br /> f. to recommend investments to protect capital, provide adequate <br /> liquidity and generate market returns. All such recommendations shall be approved by the City <br /> Council. The City Manager shall execute any approved investment decisions. <br /> 6 <br />
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