Common use of BACKGROUND AND OBJECTIVE Clause in Contracts

BACKGROUND AND OBJECTIVE. OPTIMIZED will provide specified professional investment advisory services consistent with California government code section 53600 as detailed in the scope of services section below. As a fiduciary to your City, Optimized will place preservation of capital as our top priority, while ensuring appropriate levels of liquidity for day-to-day operations. We will seek to earn market yields once the first two priorities have been achieved.

Appears in 2 contracts

Sources: Professional Services Agreement, Professional Services Agreement