Minutes_Investment Oversight Advisory Commission 04.24.25Copyrighted
September 15, 2025
City of Dubuque CONSENT ITEMS # 1.
City Council
ITEM TITLE: Minutes and Reports Submitted
SUMMARY: City Council Proceedings of August 27, September 2, and
September 4, 2025; Arts and Cultural Affairs Advisory
Commission of July 29, 2025; Community Development
Advisory Commission of July 16, 2025; Civic Center Advisory
Commission of June 2, 2025; Housing Trust Fund Advisory
Committee of September 12, 2024 and August 28, 2025;
Investment and Cash Management Oversight Advisory
Commission of April 25, 2025; Library Board of Trustees of
July 24 and August 20, 2025; Resilient Community Advisory
Commission of August 7, 2025; Zoning Advisory Commission
of August 6, 2025; Zoning Board of Adjustment of July 24,
2025; Proof of Publication of City Council Proceedings of
August 4 and August 18, 2025.
SUGGUESTED Receive and File
DISPOSITION:
ATTACHMENTS:
1. 8 27 25 City Council Minutes
2. 9 2 25 City Council Minutes
3. 9 4 25 City Council Minutes
4. Arts and Cultural Affairs Minutes
5. Community Development Advisory Commission Minutes
6. Housing Trust Fund Advisory Committee Minutes
7. Housing Trust Fund Advisory Commission Minutes Minutes 8.28.25
8. Investment and Cash Management Commission Minutes 04.24.25
9. Carnegie -Stout Public Library Board of Trustees Meeting Minutes July 24 2025
10. Carnegie -Stout Public Library Board of Trusrees Work Session Minutes August 20
2025
11. Civic Center Advisory Commission Minutes
12. Resilient Community Advisory Commission Minutes
13. Zoning Advisory Commission Minutes
14. Zoning Board of Adjustment Minutes
15. Proof_8.4.25 City Council Proceedings
16. Proof City Council Proceedings 8.18.25
Page 88 of 1171
THE CITY OF
DUB Q TE
Masterpiece on the Mississippi
Dubuque
U-AneMa ply
WllKIVV.ISt.11H}k
2007.2012.2013
2017*2019
TO: Members of City of Dubuque Investment Oversight Advisory Commission
FROM: Brian DeMoss, Finance Manager
RE: Un-approved Minutes of the April 24, 2025, Meeting of the
Investment Oversight Advisory Commission and Chairman's Quarterly
Report
DATE: July 22, 2025
Commission members present:
Daniel Garza ,Gary Ruden, and Molly Valaskey
City staff present:
Brian DeMoss, Finance Manager
1. The meeting was called to order at 3:00 p.m. by Gary Ruden. This is an official
meeting as a quorum was present.
2. Finance Manager, Brian DeMoss certified that the meeting was in compliance with
the Iowa open meetings law.
3. Dana investments was present virtually to present.
DBU Investments, Mathew W, gave a portfolio and economic updated for the
quarter ending March 30, 2025. The portfolio is compliant with the City's investment
policy. Mathew reviewed the 2025 market, noting the federal held off cutting rates
and will see two rate cuts in 2025. Also noting the Fed does not react to the news
and are patient when making decisions. For the last twelve months the City has
seen a return of 5.759, net of fees. Current average maturity is 2.67 years.
4. Molly Valaskey moved that the minutes of the January 24, 2025, be approved. The
motion was seconded by Daniel Garza and approved unanimously.
5. Brian DeMoss reported on recent certificate of deposit results. Noting CD's currently
have a weighted average of4.669%
6. The Commission reviewed the March 31, 2025, quarterly investment reports.
7. No communication from the public was noted.
Page 108 of 1171
8. The next meeting of the Commission is scheduled for July 24, 2025, at 3:00 p.m.
A representative from BTC will be invited to present at the meeting.
9. Molly Valaskey. moved that the meeting adjourn. The motion was seconded by
Daniel Garza. The meeting was adjourned at 3:40 p.m.
Page 109 of 1171