1.1 .................... moves to amend H.F. No. 163, the first engrossment, as follows:
1.2Page 2, line 2, delete "
establish an irrevocable fund for" and insert "
administer
1.3an irrevocable trust fund established by"
1.4Page 2, line 5, after the period, insert "
The city of Duluth investment committee shall
1.5serve as trustee of the irrevocable trust."
1.6Page 2, line 11, delete everything after "
(a) "
1.7Page 2, line 12, delete everything before "
The"
1.8Page 2, line 24, after "
that" insert "
the investment and management of the assets
1.9complies with the prudent investor rule in section 501B.151 and that"