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File #: 25-0271    Version: 1
Type: Agenda Item Status: Adopted
File created: 3/26/2025 In control: Finance Committee
On agenda: 4/3/2025 Final action: 4/3/2025
Title: Authorization to amend Board Order of March 20, 2025, regarding Revised Investment Policy for the Metropolitan Water Reclamation District of Greater Chicago dated as of March 20, 2025, Agenda Item No. 8, File No. 25-0211
Attachments: 1. Transmittal Letter for Board Meeting of March 20, 2025, Agenda Item No. 8, File No. 25-0211, 2. District Investment Policy 2025 REDLINE 3.20.25, 3. District Investment Policy 2025

TRANSMITTAL LETTER FOR BOARD MEETING APRIL 3, 2025

 

COMMITTEE ON FINANCE

 

Mr. John P. Murray, Acting Executive Director

 

Title

Authorization to amend Board Order of March 20, 2025, regarding Revised Investment Policy for the Metropolitan Water Reclamation District of Greater Chicago dated as of March 20, 2025, Agenda Item No. 8, File No. 25-0211

Body

 

Dear Sir:

 

At the Board meeting of March 20, 2025, the Board of Commissioners duly ordered the above stated action, Agenda Item No. 8, File No. 25-0211.

 

A textual error in the Investment Policy attachment and resulting order indicated the date “March 6, 2025”.  Same should have read “March 20, 2025” throughout the policy.

 

Due to the timing of this amendment, the Investment Policy signature page indicated Brian A. Perkovich, Executive Director and should now read, John P. Murray, Acting Executive Director.

 

All other information provided in the transmittal letter is correct.

 

Therefore, it is requested that the aforesaid Board order of March 20, 2025 be amended to effect the changes set forth above, otherwise to remain in force and effect as heretofore enacted.

 

Requested, Steven J. Lux, Treasurer, SJL:vb

Recommended, Darlene A. LoCascio, Director of Procurement and Materials Management

Respectfully Submitted, Marcelino Garcia, Chairman Committee on Finance

Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for April 3, 2025

 

Attachments