Civic IQ
FINANCIAL_SERVICESAPPROVED

City of Cedar Springs Council Meeting Agenda February 12 2026

City Approves Michigan CLASS as Investment Option

City of Cedar SpringsMICHIGAN COOPERATIVE LIQUID ASSETS SECURITIES SYSTEMFebruary 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

City Council approved Michigan Cooperative Liquid Assets Securities System (Michigan CLASS) as a new authorized investment pool for City funds, providing enhanced security, liquidity, and competitive returns for municipal investments.

Contract Details

Vendor

MICHIGAN COOPERATIVE LIQUID ASSETS SECURITIES SYSTEM

Agency

City of Cedar Springs, MI

Contract Type

FINANCIAL_SERVICES

Document Date

February 12, 2026

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