The Commission shall act solely in an advisory capacity and only
upon the request of the Mayor, the President of the City Council or
the Treasurer of the City.
Specifications for and responses to all bids solicited on behalf
of the City by the City Treasurer for the purpose of investment under
the provisions of MGL c. 44, §§ 67 and 67A.
The Commission shall keep accurate records of its meetings and actions.
It shall meet on a regular basis as well as upon call of the chairman.
It shall file an annual report with the Mayor.