Title
AMENDING SECTION 3.08.040, MAUI COUNTY CODE, RELATING TO INVESTMENT POLICY (BF-180)
Description
The Committee is in receipt of County Communication 18-371, from the Director of Finance, transmitting a proposed bill entitled “A BILL FOR AN ORDINANCE AMENDING SECTION 3.08.040, MAUI COUNTY CODE, RELATING TO INVESTMENT POLICY.” The purpose of the proposed bill is to amend Section 3.08.040, Maui County Code, relating to the investment policy for County investments, by removing the phrase, “through the adoption of administrative rules in accordance with Chapter 91, Hawaii Revised Statutes, or ordinance,” as the means by which the Director of Finance shall establish a policy on County investments.
Status
The Committee may consider whether to recommend passage of the proposed bill on first reading, with or without further revisions. The Committee may also consider the filing of County Communication 18-371 and other related action.