Road Construction Alert
Grand Blvd Paving will continue Tuesday morning May 22, 2018. Grand Blvd will be closed from Nichols Road to Sherwood Lane. Sherwood Lane to NW 63rd will be closed on June 5th for concrete paving until project is completed. Projected completion date is September 1, 2018. (Project PC-1702)
Investment Policy Committee - Minutes     
Thursday, January 21, 2010

MINUTES OF A SPECIAL JOINT MEETING OF THE NICHOLS HILLS CITY COUNCIL AND NICHOLS HILLS INVESTMENT POLICY COMMITTEE ON THURSDAY, JANUARY 21, 2010 AT 4:00P.M.; TOWN HALL, 6407 AVONDALE DRIVE, NICHOLS HILLS, OKLAHOMA, 73116

 

MEMBERS PRESENT:         Peter Hoffman, Mayor

                                                John Lippert, Vice-Mayor

                                                Sody Clements, Councilman

                                                David Poole, City Manager

                                                Michael D. O’Neal, City Attorney

 

OTHERS PRESENT:             Johnson Hightower, Chairman

                                                Jerry Marshall, Member

                                                John Frank, City Treasurer

Kristi Hort, Finance Director/City Clerk

                       

Mayor Hoffman called the meeting to order and declared a quorum present to conduct business. 

 

Motion was made by Vice-Mayor Lippert, seconded by Councilman Clements to begin a joint meeting with the Nichols Hills City Council.

 

      Aye:    Hoffman, Lippert, Clements

      Nay:    None

 

Motion was made by Vice-Mayor Lippert, seconded by Councilman Clements to direct staff and City Attorney to prepare an amendment to the current Investment Policy to be presented at the next City Council Meeting.  The recommended amendment would restrict banks to 50 million dollars in capital.  With the exception that individual banks may be approved by council.

 

      Aye:    Hoffman, Lippert, Clements

      Nay:    None

 

The motion to adjourn this meeting was made by Councilman Clements and seconded by Vice-Mayor Lippert.

 

      Aye:    Hoffman, Lippert, Clements

      Nay:    None

 

                                                                                   

                                                                                     E. Peter Hoffman, Jr.

                                                                                    MAYOR

 

 

ATTEST:

 

 Kristi Hort     

CITY CLERK

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