city-of-princeton-pre-council-budget-meeting-minutes-august-25-2025_e5e.pdf
Council Approves Participation in LOGIC Investment Trust
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Description
The Princeton City Council approved an application for participation in the Local Government Investment Cooperative (LOGIC) Trust, creating an additional pooled investment option for city funds focused on safety and liquidity. This action authorizes staff to move forward with establishing the relationship and using LOGIC for municipal investments.
Contract Details
Vendor
LOCAL GOVERNMENT INVESTMENT COOPERATIVE (LOGIC) TRUST
Agency
City of Princeton, TX
Contract Type
FINANCIAL_SERVICES
Document Date
August 25, 2025
Renewal Info
Participation in LOGIC is ongoing and subject to program terms; specific renewal or termination provisions were not detailed in the minutes.
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