CALL TO ORDER
2.DISCUSSION OF COUNTY INVESTMENTS (Laura M. Montoya, Treasurer) Consent to permit the Sandoval County Treasurer to invest in: “Commercial paper rated "A1" or "P1", also known as "prime" quality, by a nationally recognized statistical rating organization, issued by corporations organized and operating within the United States and having a maturity at purchase of no longer than one hundred eighty days; or Shares of an open-ended diversified investment company that: (a) is registered with the United States securities and exchange commission; (b) complies with the diversification, quality and maturity requirements of Rule 2a-7, or any successor rule, of the United States securities and exchange commission applicable to money market mutual funds; and (c) assesses no fees pursuant to Rule 12b-1, or any successor rule, of the United States securities and exchange commission, no sales load on the purchase of shares and no contingent deferred sales charge or other similar charges, however designated, provided that the county or municipality shall not, at any time, own more than five percent of a money market mutual fund's assets as is now permitted by 6-10-10 NMSA 1978. 3.ADJOURN
Dec 12, 2019 Board of Finance
CALL TO ORDER
2.DISCUSSION OF COUNTY INVESTMENTS (Laura M. Montoya, Treasurer) Consent to permit the Sandoval County Treasurer to invest in: “Commercial paper rated "A1" or "P1", also known as "prime" quality, by a nationally recognized statistical rating organization, issued by corporations organized and operating within the United States and having a maturity at purchase of no longer than one hundred eighty days; or Shares of an open-ended diversified investment company that: (a) is registered with the United States securities and exchange commission; (b) complies with the diversification, quality and maturity requirements of Rule 2a-7, or any successor rule, of the United States securities and exchange commission applicable to money market mutual funds; and (c) assesses no fees pursuant to Rule 12b-1, or any successor rule, of the United States securities and exchange commission, no sales load on the purchase of shares and no contingent deferred sales charge or other similar charges, however designated, provided that the county or municipality shall not, at any time, own more than five percent of a money market mutual fund's assets as is now permitted by 6-10-10 NMSA 1978. 3.ADJOURN