News Flash

Town of Palm Beach News Release

Posted on: October 1, 2019

Town Council to Appoint a Member to the Town’s Investment Advisory Committee

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The Town of Palm Beach announces an opening on the Investment Advisory Committee effective October 2019.

The Investment Advisory Committee acts in an advisory capacity and shall make recommendations to the Town Council on matters relating to the Town’s investment policy and the investment of the Town’s surplus funds. The Investment Advisory Committee also oversees the investment of the Health Insurance Trust funds. All recommendations must be made within the constraints of Florida Statute 218.415.

The Town is seeking applicants that have investment experience and will be available for meetings that are to be held at a minimum of four (4) times per year. Members of the Committee serve for terms of two (2) years. Applicants must also be a resident of the Town of Palm Beach.

All citizens interested in pursuing this important civic service must complete an application and submit it to the Town Clerk by Friday, November 1, 2019 at 5:00 p.m. The appointment will be on the agenda for consideration and potential action at the Town Council meeting on Tuesday, November 12, 2019.

An application can be downloaded from the Town’s website (www.townofpalmbeach.com). Please note that the Town’s website reflects specific applications for each board or commission. Applications may also be obtained by contacting the Town Clerk at (561) 838-5416.


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