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BOOK 95 FAt E 766 <br />and on or under .budget. We have no affiliations with other financial service <br />providers and do not sell financial products. We can guarantee unbiased advise <br />with no risk of later legal complications. <br />You may, of course, elect to write your own investment plan and annual <br />investment report. However, there are clear advantages to having us provide this <br />service; time savings, no chance of later bias claims & legal complications, an <br />annual report template with all the writing, editing and graphics work already <br />completed and, most important, no interruptions from your already busy <br />schedule. <br />We offer very professional work requiring the minimum of paperwork on your <br />part, and we deliver on time, at extremely competitive rates which are <br />guaranteed in advance. Specifically, we can provide you with a complete <br />investment plan that exceeds the requirements of the Statutes within 60 days of <br />agreement for a fixed price of $2,375. This price includes the annual report <br />word processing template so that you may more easily meet your annual <br />reporting requirements. <br />If you would like more information about this or other financial services that we <br />can provide, please. contact Dr. William C. Weaver (407/823-5313). <br />We look forward to working with you. <br />July 18, 1995 <br />M <br />CHAPTER 95-194 <br />Committee Substitute for Senate Bill No. 2090 <br />Approved by the Governor June 8, 1995 <br />Filed on Office Secretary of State June 8, 1995 <br />Act to Take Effect October 1. 1995 <br />An Act relating to investment of public funds; creating s. 218.415, F.S.; <br />requiring that cert4in investment activity of units of local government shall be <br />consistent with a written investment plan; providing for establishment of <br />certain investment policies which place priority on the safety of principal and <br />liquidity of funds; providing scope; providing for investment objectives; <br />providing for performance measurement; requiring a description of the level of <br />prudence and ethical standards to be followed; providing for listing of authorized <br />investments; providing for establishment of maturity and liquidity requirements; <br />providing for portfolio composition; providing for appropriate diversification to <br />minimize risk; providing for specification of authorized investment institutions <br />and dealers; providing for third -party custodial agreements; providing for <br />repurchase agreements; providing for competitive bidding; providing for <br />establishment of internal controls and operational procedures; providing for <br />reports; specifying alternative investment guidelines to apply where there is no <br />investment plan; amending s. 218.403, F.S.; redefining the term "unit of local <br />government" to include county constitutional officers; amending ss. 125.3 1, <br />166.261, 218.345, 219.075, and 236.24, F.S., relating to investment of local <br />government surplus funds by counties, municipal , special districts, <br />county officers, and district school boards, to conform; providing an effective <br />date. (October 1, 1995) <br />A full copy of the act is available upon request. <br />M <br />M <br />M <br />