Laserfiche WebLink
�i <br /> 1/0 <br /> Elk River <br /> I Municipal Utilities <br /> 13069 Orono Parkway phone: 763.441.2020 <br /> Elk River,MN 55330 Fax 763.441.8099 <br /> August 30, 2005 <br /> To: Elk River Municipal Utilities commission <br /> ' Jerry Takle <br /> Jim Tralle <br /> John Dietz <br /> ' From: Theresa Slominski <br /> Subject: Investment Policy <br /> The Elk River Municipal Utilities does not currently have an Investment Policy in place. <br /> ' When our auditors were out here this spring, it was mentioned that we could expand our <br /> investments to include more than just CDs and not limit ourselves to one investment type. <br /> As funds would be invested conservatively, the investment opportunities would still be <br /> limited but could be expanded upon. <br /> I contacted Lori Johnson at the City and requested a copy of their Investment Policy and <br /> related forms. I have modified the City's policy to reflect Elk River Municipal Utilities' <br /> name where appropriate and would like to adopt this policy as our own. Later this year, <br /> ' when we have excess funds to invest I would like to be able to move forward with this <br /> new policy. <br /> ‘10 <br /> 1 <br />