Agenda

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Public Hearings 13.

BCC Regular Meeting

Meeting Date:	06/10/2013
Issue: 5:33 Public Hearing - Ordinance Repealing the County Investment Advisory Committee
From:	Kristin Hual
Department:	County Attorney's Office
CAO Approval:

RECOMMENDATION:

5:33 p.m. Public Hearing for consideration of adopting an Ordinance repealing the County Investment Advisory Committee.

Recommendation: That the Board adopt an Ordinance of Escambia County, Florida, repealing Chapter 46, Article V, Division 2, of the Escambia County Code of Ordinances establishing a County Investment Advisory Committee; providing for inclusion in the code; providing for an effective date.

BACKGROUND:

The County Attorney's Office is requesting that the Board consider repealing the County's ordinances establishing the County Investment Advisory Committee where the County has retained an investment advisor to perform the duties of the committee.

BUDGETARY IMPACT:

N/A

LEGAL CONSIDERATIONS/SIGN-OFF:

Kristin Hual, Assistant County Attorney, drafted the proposed Ordinance. It was advertised in the Saturday edition of the Pensacola News Journal on May 18, 2013.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

A copy of the Ordinance will be filed with the Department of State.

Attachments
Ordinance