HomeMy WebLinkAbout2010-030 - Approving the City's Statement of Investment PolicyIss: 6/08/10
RESOLUTION NO. 2010-030
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 21, 2010, 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 215 day of June, 2010
~~
Mi . Pu i
Mayor
Resolution No. 2010-030
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APPROVED AS TO FORM:
Joseph--Fetcher, City Attorney
By:
Keay
City
AYES: Councilmembers:
NOES: Councilmembers:
Benavides. Bustamante. Martinez, Tinaiero (4)
None
ABSTAIN: Councilmembers:
NOT PRESENT: Councilmembers: Alvarez. Pulido, Sarmiento (3)
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, MARIA D. HUIZAR, Clerk of Council, do hereby attest to and certify the attached
Resolution No. 2010-030 to be the original resolution adopted by the City Council of
the City of Santa Ana on June 21, 2010.
Date: ~~(L/~1oi~
~~~ ~
Clerk of Council
City of Santa Ana
Resolution No. 2010-030
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