HomeMy WebLinkAbout2009-032 - Santa Ana Considering the City's Statement of Investment Policy~a.
Iss: 6108/09
RESOLUTION NO. 2009-032
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. The 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 29,
2009, 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.
ADOPTED this 6~h day of July, 2009.
APPROVED AS TO FORM:
Joseph W. Fletcher, City Attorney
;'' ;(~
By: U r `~i c
Laura Sheedy
Assistant City Attorney
AYES: Councilmembers
NOES: Councilmembers
ABSTAIN: Councilmembers:
NOT PRESENT: Councilmembers:
Alvarez Benavides Bustamante,
Martinez Pulido Tinaiero (6)
None (0)
None (0)
Sarmiento (1)
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, PATRICIA E. HEALY, Clerk of Council, do hereby attest to and certify the
attached Resolution No. 2009-032 to be the original resolution adopted by the
City Council of the City of Santa Ana on July 6, 2009.
Date: / %Fi ~ _~/'%~~~~-~
Clerk of Council
City of Santa Ana