The Town of Palm Beach is seeking to appoint three (3) members to the Investment Advisory Committee effective February 2021. Currently, there are (3) members whose terms will expire on May 2021 and all are eligible for reappointment.
The Investment Advisory Committee acts in an advisory capacity and shall make recommendations to the Town Council in matters relating to the town’s investment policy and the investment of the Town’s surplus funds. The Committee is comprised of five members, who shall be residents of the town. Members are appointed based upon their prior fixed income investment experience. The Town of Palm Beach will not do business directly or indirectly with a committee member and for at least two years after the member’s term has expired.
All citizens interested in pursuing appointment to the Investment Advisory Committee must complete the appropriate application for service and submit the same to the Town Clerk’s Office in hardcopy or via electronic transmission to firstname.lastname@example.org by Friday, April 2, 2021 at 5:00 p.m. The appointments to the Investment Advisory Committee will be on the agenda for consideration and potential action at the Town Council meeting on Tuesday, April 13, 2021.
The board/commission applications 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’s Office at (561) 838-5416.