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2019-052 - Approving the City's Annual Statement of Investment Policy 2019-20
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2019-052 - Approving the City's Annual Statement of Investment Policy 2019-20
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5/19/2020 4:20:20 PM
Creation date
6/24/2019 8:39:48 AM
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City Clerk
Doc Type
Resolution
Doc #
2019-052
Date
6/18/2019
Destruction Year
P
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18.4 Approval <br />th <br />This Statement of Investment Policy is approved by City Council on this 18day <br />of June, 2019 pursuant to City Council Resolution #2019- . <br />19.0POLICY REVIEW, CERTIFICATION, ANDADOPTION <br />19.1Policy Review <br />This Statement of Investment Policy shall be reviewed at least annually to ensure <br />its consistency with the overall objectives of preservation of PRINCIPAL, <br />LIQUIDITY, AND YIELD, and to: 1)reflect changes in applicable California state <br />codes,2) maintain its relevance to current financial and economic trends, and 3) <br />meet the needs of the City of Santa Ana. <br />19.2Policy Review <br />Annually, thisStatement of Investment Policy will be submitted to the Association of <br />Public Treasurers of the United States and Canada andthe California Municipal <br />TreasurersAssociationfor review and certification. <br />19.3Adoption <br />The Executive Director for FMSA shall annually render this Statement of <br />Investment Policy to the City Council and City Manager. The City Council shall <br />annually review and adopt this Statement of Investment Policy by resolutionat a <br />public meeting. <br />20.0APPENDICIES& GLOSSARIES <br />20.1California Investment Code Abstracts - Appendix I. <br />20.2California Local Agency Investment Guidelines - AppendixII. <br />20.3Glossariesof Terms <br />AppendixIII. (Glossary of Referenced Terms - City of Santa Ana Investment Policy <br />& Related California Codes) <br />Appendix IV.(Glossary of Additional Common Public Local Agency Investment <br />Terms) <br />Appendix V. (Broker / Dealer Questionnaire And Certification Form) <br />*´«¸ ΐǾ ΑΏΐ9- <br />C¨³¸ ®¥ 3 ³ ȃ !´ « <br />0 ¦¤ 21 <br />3³ ³¤¬¤³ ®¥ )µ¤²³¬¤³ 0®«¨¢¸*´¤ ΒΏǾ ΑΏ20 <br /> <br />
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