Date Established: The Investment Advisory Board was established by the City Commission on April 28, 1980 in accordance with the Provisions of Public Act 20 of 1943, as amended. The board reviews and makes decisions concerning invested City funds.
Number of Members & Term of Office: The Board has five members, of which three serve three-year terms and two appointed indefinitely by virtue of their positions as Chief Financial Officer and Treasurer.
Meetings Held: The Board meets quarterly at 8:00 a.m. in City Hall Room 103.