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<br />14.0 Reporting <br />The Finance Director shall prepare an investment report on a periodic basis and include: <br />1. Listing of individual securities held at the end of the reporting period. <br />2. Listing of investments by maturity date. <br />3. Percentage of the total portfolio which each type of investment represents. <br />4. Market to Market analysis. <br />5. Rate of return. <br /> <br />15.0 Investment Policy Adoption <br />The City of Elk River's investment policy shall be adopted by motion of Elk River's City Council. <br />The policy shall be reviewed periodically as needed by the Finance Director and any modifications <br />made thereto must be approved by Elk River's City Council. <br /> <br />Adopted April 28, 1997 <br />s :financej invs tpol.doc <br /> <br />C: \Documents and Settings \ tallard\Local Settings \ Temporary Internet Files \ OLKF\Investment Policy Update. doc <br />