File #: 20-0568    Version: 1
Type: New Business Status: Passed
File created: 11/19/2020 In control: City Council
On agenda: 12/1/2020 Final action: 12/1/2020
Title: Appointment to City Permanent Fund Investment Committee (Full Term - Multiple Applicants)
Attachments: 1. Fannin_Permanent Fund Cmte Application 2020, 2. Shirrell_Permanent Fund Cmte Application 2020

ITEM TITLE: 

Appointment to City Permanent Fund Investment Committee (Full Term - Multiple Applicants)

 

SUBMITTED BY: Allie Ferko, MMC, Deputy City Clerk

 

FISCAL NOTES: 

Expenditure Required: N/A

Unencumbered Balance: N/A

Funding Source: N/A

 

RECOMMENDATION:

Appoint one applicant to the City Permanent Fund Investment Committee for a full term expiring November 2023

 

SUMMARY STATEMENT:

One vacancy exists on the City Permanent Fund Investment Committee due to normal term expiration.

The City Clerk’s Office advertised the vacancy and received two applications:

                     John Fannin

                     Jim Shirrell

Council must select one candidate by paper ballot prior to making the motion to appoint. The City Clerk will provide procedural instructions during the meeting for this process.