6.6.5.010 Findings

(a) The Pueblo maintains investment accounts with an investment advisor, San Francisco Sentry, containing significant funds for future needs of the Pueblo and to provide security for unforeseen circumstances;

(b) San Francisco Sentry makes important decisions regarding the management of the Pueblo's investment accounts and involving complicated securities transactions in a highly regulated environment;

(c) The Council has identified the need to formally reauthorize the contractual relationship with San Francisco Sentry;

(d) The Council hereby enacts the attached law entitled the "Investment Advisor Authorization Act."