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Home My WebLink About2007-051- City's Statement of Investment Policy Iss07/09/2007 RESOLUTION NO. 2007-051 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA CONSIDERING 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, section 53646, provides that each city may have a written statement of investment policy to govern investment of the city's monies. B. Each city's treasurer may, pursuant to this state law, annually submit a report to the city council stating, in part, whether all investments in the preceding quarter have been made in conformance with the statement of investment policy. C. Pursuant to section 53646, the city's statement of investment policy may be submitted by the city's treasurer to the city council for its consideration at a regular meeting. D. The City Council of the City of Santa Ana has, at its regular meeting of July 16, 2007, considered the proposed statement of investment policy attached to this Resolution and by this reference incorporated herein as though fully set forth. Section 2. The City Council of the City of Santa Ana hereby states that it has duly considered the City's statement of investment policy submitted by the City's Treasurer. Section 3. 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. ADOPTED this 16th day of Julv 2007. Resolution No. 2007-051 Page 1 of 2 APPROVED AS TO FORM: Joseph W. Fletcher, City Attorney ,/ CERTIFICATE OF ATTESTATION AND ORIGINALITY I, PATRICIA E. HEALY, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2007-051 to be the original resolution adopted by the City Council of the City of Santa Ana on July 16.2007. Date: $/ z-z/z;? Patricia E. Healy Clerk of Council City of Santa Ana Resolution No. 2007-051 Page 2 of 2