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55D - RESO - INVESTMENT POLICY
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55D - RESO - INVESTMENT POLICY
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Last modified
6/29/2017 4:06:16 PM
Creation date
6/29/2017 3:43:00 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55D
Date
7/5/2017
Destruction Year
2022
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CITY OF SANTA ANA STATEMENT OF INVESTMENT POLICY <br />JULY 1, 2017 — JUNE 30, 2018 <br />Page 12 <br />POLICY REVIEW & ADOPTION: <br />This investment policy shall be reviewed at least annually to ensure its consistency with the <br />overall objectives of preservation of PRINCIPAL, LIQUIDITY, AND YIELD and its relevance to <br />current law, financial and economic trends, and to meet the needs of the City of Santa Ana. The <br />Executive Director for FMSA shall annually render this Statement of Investment Policy to the City <br />Council and City Manager. The City Council shall annually review and adopt this Statement of <br />Investment Policy by resolution at a public meeting. <br />Submitted to the City of Santa Ana City Council for approval, this 5th day of July, 2017. <br />Francisco Gutierrez <br />Executive Director / City Treasurer <br />Finance & Management Services Agency <br />WH:RP <br />55D-19 <br />
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