Council to Renew Participation in State Investment Pool
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Description
Cheney City Council is asked to authorize participation in the Washington State Local Investment Pool, allowing the city to invest excess cash alongside other entities for higher returns and 24‑hour liquidity. The resolution updates council authorization and adds the finance director to the investment pool account.
Contract Details
Vendor
WASHINGTON STATE LOCAL INVESTMENT POOL
Agency
City of Cheney, WA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Action updates or renews City Council authorization for ongoing participation in the Washington State Local Investment Pool; specific renewal cycle is not stated.
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