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Res 2007- 26 Adopting Investment PolicyCITY OF MENDOTA HEIGHTS Dakota County, Minnesota RESOLUTION NO. 07-26 RESOLUTION ADOPTING AN INVESTMENT POLICY WHEREAS, the investment of City funds is controlled by State statue; WHEREAS, this policy will be provided to our brokers, stating the goals of the City investment portfolio; WHEREAS, it is desirable that the City of Mendota Heights have a clear, written policy on the treatment of investments. NOW, THEREFORE, IT IS HEREBY RESOLVED that the attached Investment Policy, dated May 1, 2007, is hereby adopted. Adopted by the City Council of the City of Mendota Heights this I st day of May, 2007. ATTEST: CITY COUNCIL CITY OF MENDOTA HEIGHTS By Bv 1� Kathleen M. Swan son, City Clerk John WUb2f; �y r