Florida Cooperative Liquid Assets Securities System Instrument of Adoption
From:
Pam Childers, Clerk of the Circuit Court & Comptroller
Organization:
Clerk & Comptroller's Office
Recommendation:
Recommendation Concerning Instrument of Adoption
That the Board authorize Pam Childers, Clerk of the Circuit Court and Comptroller, in her capacity as Chief Investment Officer, to execute the Instrument of Adoption of the Interlocal Agreement for the Florida Cooperative Liquid Assets Securities System (FLCASS); FLCLASS is an intergovernmental investment pool, as described in Section 218.415, Florida Statutes, that provides the opportunity to invest funds on a cooperative basis in short-term investments, which are carefully selected to provide maximum safety and liquidity while generating a competitive yield.