City of Long Beach Awards Financial Services Contract to New York Cooperative Liquid Assets Securities System ("nyclass") (January 2023)

The Long Beach City Council authorized the City Comptroller to join the New York Cooperative Liquid Assets Securities System (NYCLASS) by entering into the Municipal Cooperation Agreement. This action enables the City to invest idle funds in a cooperative short-term investment pool to enhance returns while maintaining liquidity and safety.

Document date · January 17, 2023

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

city_of_long_beach_council_meeting_agenda_january.pdf

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sullivan_boces_board_meeting_agenda_january_2023.pdf

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Sullivan Boces, New YorkJan 17, 2023

greenport-agenda-2022-11-28-pdf_d4e.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Long Beach?

New York Cooperative Liquid Assets Securities System ("nyclass") was awarded this financial services contract by City of Long Beach, as recorded on January 17, 2023.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_long_beach_council_meeting_agenda_january.pdf (Agenda), dated January 17, 2023 from City of Long Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New York Cooperative Liquid Assets Securities System ("nyclass") hold?

New York Cooperative Liquid Assets Securities System ("nyclass") may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View New York Cooperative Liquid Assets Securities System ("nyclass")'s profile

What is City of Long Beach currently buying?

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