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FINANCIAL_SERVICESONGOING

city-of-maryland-heights-finance-administration-agenda-august-18-2025_3e6.pdf

City Continues Investments Through Missouri Securities Investment Program

City of Maryland HeightsMISSOURI SECURITIES INVESTMENT PROGRAMAugust 18, 2025

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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

Under a 2008 intergovernmental cooperation agreement, the City of Maryland Heights continues to invest excess funds through the Missouri Securities Investment Program, including its Liquid Series. These investments generated about $650,000 in interest revenue for the City in 2024.

Contract Details

Vendor

MISSOURI SECURITIES INVESTMENT PROGRAM

Agency

City of Maryland Heights, MO

Contract Type

FINANCIAL_SERVICES

Document Date

August 18, 2025

Contract Term

Ongoing since authorization on March 6, 2008

Renewal Info

Standing intergovernmental cooperation agreement authorizing ongoing investments in MOSIP; no fixed renewal date is specified, and investments are made and withdrawn as needed.

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