town-of-rayne-meeting-minutes-2024-09-09_86c.txt
City Approves Investment Accounts with LAMP
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Description
The City of Rayne approved the opening of investment accounts for its municipal funds in the Louisiana Asset Management Pool, empowering the mayor and staff to manage these accounts starting September 10, 2024.
Contract Details
Vendor
LOUISIANA ASSET MANAGEMENT POOL (LAMP)
Agency
Town of Rayne, PA
Contract Type
FINANCIAL_SERVICES
Document Date
September 9, 2024
Contract Term
Effective September 10, 2024; duration open-ended as funds are invested at City discretion
Renewal Info
No automatic renewal; ongoing engagement as long as accounts are maintained and used for investments.
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