Policy Order 2021 #122

Official designation: POR 2021-122

That the City Manager be and hereby is requested to amend the Investment Policy section of the fiscal year 2022 budget book by adding this sentence: “Within six months of adoption of this budget, the investment committee will provide recommendations on any revisions to the investment policies to ensure that all city owned investments follow the council’s directive to avoid investments with or in institutions, companies or organizations invested in or funding fossil fuel endeavors or private prisons."