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11/03/2015 (4)
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11/03/2015 (4)
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Last modified
4/5/2018 9:58:39 AM
Creation date
2/2/2016 12:06:47 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
11/03/2015
Meeting Body
Board of County Commissioners
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OLD: <br />3. Page 5, Section XI — Master Repurchase Agreement <br />"The Clerk will require all approved brokers and dealers transacting repurchase <br />agreements to execute and perform as stated in the Master Repurchase Agreement. All <br />repurchase agreement transactions will adhere to requirements of the Master Repurchase <br />Agreement (Attachment A) and Annex I (Attachment B)." <br />NEW: <br />3. Page 5, Section XI — Agreements <br />"The Clerk will execute bank and investment agreements. Such agreements will include <br />details as to the responsibilities of each party, costs to be borne by each party, notification <br />of wire transfers, and transaction costs." <br />Please note that the above changes and the Table of Contents will reflect the elimination of Attachments <br />A, B, and C. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners accept the Investment Policy changes. Attached <br />is a complete investment policy for reference, with changes in bold lettering. <br />Indian River County <br />Ap roved <br />Date <br />Administrator <br />jpla 11/� <br />County Attomey <br />Budget <br />10/2.7/5 <br />Department <br />_Risk Management <br />65 <br />
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