Laserfiche WebLink
7.D. QUARTERLY INVESTMENT REPORT <br />Vice Chair Bowden informed the Board that this was a Quarterly Investment <br />Report; there was an Advisory Committee, and they were financially safe. She asked Clerk of <br />Court Jeffrey K. Barton to identify the Advisory Committee. <br />Mr. Barton named the Advisory Board members as himself (in charge of <br />investments), the Administrator's representative Jason Brown (Budget Director for the County), <br />two outside members David Koresh (Northern Trust), and Ted Libby (Cypress National <br />Corporation). Additionally, there is Nancy Beckwith, a retired Vice President of Commercial <br />Lending at Wachovia. He said the report as presented outlines the investment portfolio, what they <br />have, and what they are doing to follow the investment guidelines. He thanked the committee <br />members for the time they give to the County. <br />Vice Chair Bowden was pleased with what has been done and thanked Mr. Barton <br />for the Report. <br />ON MOTION by Vice Chair Bowden, SECONDED by <br />Commissioner Davis, the Board unanimously accepted the <br />Investment Advisory Committee Quarterly Report, as <br />recommended in the memorandum of January 22, 2007. <br />February 6, 2007 5 <br />