News
NB Council adopts new investment policy, green lights improvements at ballpark
The New Boston City Council voted unanimously to adopt an investment policy for city funds in the April 18 regular meeting.
City Manager Wayne Dial said in the meeting that Texas state law requires all cities to have an investment policy for municipal funds which has not been in effect for the city. Dial and city secretary Pollyanna Moore were named investment officers.
“We have to have an investment policy,” said Dial. “We put this investment policy together to safely invest public funds. W...