River's Edge Development Maintenance Reserve Fund Management Services

The City of Council Bluffs is seeking a qualified trust department of a federally-insured financial institution to provide investment management, custodial, reporting, and administrative services for the River's Edge Development Maintenance Reserve Fund. The selected firm will be responsible for investing and administering the fund in accordance with the City's investment policy. The firm must also provide confirmation statements regarding their fiduciary responsibilities, regulatory compliance, and agreement to administer the fund as a restricted maintenance reserve fund. Some key aspects of the job include: • Providing investment management services • Offering custodial and reporting services • Administering the fund in accordance with the City's investment policy • Serving as a fiduciary for the Maintenance Reserve Fund • Acting in the best interests of the fund and in accordance with applicable fiduciary standards