HomeMy WebLinkAbout2021-028 - Approving the City's Statement of Investment PolicyRESOLUTION NO. 2021-028
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA APPROVING THE CITY'S
STATEMENT OF INVESTMENT POLICY
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA
ANA AS FOLLOWS:
Section 1. The City Council of Santa Ana hereby finds, determines and
declares as follows:
A. California Government Code §53646, provides that each city may have
a written statement of investment policy to govern investment of the
City's monies.
B. Pursuant to §53646, the City Treasurer shall annually submit a
Statement of Investment Policy for City Council consideration.
C. The City Treasurer has submitted the attached Statement of Investment
Policy to this Council at its regular meeting of June 1, 2021, for its
consideration.
Section 2. The City Council of the City of Santa Ana has duly considered
and approves the City's Statement of Investment Policy submitted by the City
Treasurer.
Section 3. The City Treasurer shall submit quarterly reports to the City
Council stating all investments made in the preceding quarter and that such
investments have been made in conformance with the City's investment policy.
Section 4. This Resolution shall take effect immediately upon its
adoption by the City Council, and the Clerk of the Council shall attest to and certify
the vote adopting this Resolution.
0
ADOPTED this 15t day of June, 2021.
Vicente Sarmiento
Mayor
Resolution No. 2021-028
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APPROVED AS TO FORM:
Sonia Carvalho, City Attorney
I'J
Ryan 0. odge
Assistant City Attorney
AYES: Councilmembers
NOES: Councilmembers
Bacerra Hernandez Lopez Mendoza,
Phan Penaloza Sarmiento (7)
None (0)
ABSTAIN: Councilmembers: None (0)
NOT PRESENT: Councilmembers: None (0)
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, DAISY GOMEZ, Clerk of the Council, do hereby attest to and certify the attached
Resolution No. 2021-028 to be the original resolution adopted by the City Council
of the City of Santa Ana on June 1, 2021.
Date: du 1f 5
Resolution No. 2021-028
Page 2 of 2
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Daisy Gome ,
Clerk of the Council
City of Santa Ana