Item Coversheet

CITY OF HOUSTON - CITY COUNCIL

Meeting Date: 12/7/2021
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Item Creation Date:

CNTL Investment Policy

Agenda Item#: 6.


 
                               
Summary:

RESOLUTION approving and adopting the Investment Policy for the City of Houston, Texas

Background:

The Texas Public Funds Investment Act and the City’s Investment Policy require that City Council review the City’s Investment Policy not less than annually and shall evidence by resolution that it has conducted such review.  The last action was December 9, 2020.

 

The Controller’s Office is requesting that Council approve a resolution to approve and adopt the Investment Policy for the City of Houston.  The policy has been reviewed and approved by the City’s Investment Committee (see below) at their meeting on October 28, 2021.  The Investment Committee is proposing no change to the policy.

 

Investment Committee Members

 

Chris Brown

Chairperson

Charisse Mosely

Deputy City Controller

Han Au

Deputy Director

Melissa Dubowski

J’Maine Chubb

Samir Solanki

Mayor’s Appointee

Mayor’s Appointee

Mayor’s Appointee

Drew Masterson

Private Sector Appointee, Masterson Advisors, LLC

Ron Stapleton

Private Sector Appointee, Partners Advisors

Suresh Raghavan

Private Sector Appointee, MBR Financial

 

 

 

_____________________________

Chris Brown

City Controller

Prior Council Action:

11/28/18 Res. 2018-37

12/4/19 Res 2019-35

12/9/20 Res 2020-45

Contact Information:

Charisse Mosely 832-393-3529

Han Au 832-393-3524

 

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