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• • following qualifications: (1) a financial officer of a public corporation with five years experience; (2) investment officer of a F.D.I.C. member institution with five years experience; (3) money manager who specializes in corporate or government agency issues with a minimum of ten years experience or(4)ten (10)years experience in investment banking, venture capital and/or general management. (ii) The charges to and duties of this Committee shall be: a. to serve as an advisory body to the City Council on financial and investment matters; b. to assist in the development of five-year capital budgets and revenue projections; c. to review the annual budget and make recommendations to the City Council; d. to review the annual audit and make recommendations to the City Council; e. to study all fiscal issues and recommend possible improvements and economies. f. to recommend investments to protect capital, provide adequate liquidity and generate market returns. All such recommendations shall be approved by the City Council. The City Manager shall execute any approved investment decisions. (e) Information and Safety Committee. (i) The membership of this Committee shall consist of eight (8) members. (ii) The charges to and duties of this Committee shall be: a to study and make recommendations regarding the safety and well-being of Town residents; b. to coordinate safety activities within the Town; c. to study County, State and Federal emergency management 0 systems and make recommendations concerning the Town's Disaster Plan; d. to educate the public regarding their role in improving safety and preparing for emergencies, and regarding the Town's facilities in the event of a disaster. e. to create and update a long range plan to improve the technology for communication with residents on Town government activities and to facilitate resident input; 6 N:\DATA\Clients\L\LAH\Res\committees4.rut.wpd