CC Resolution 12625 RESOLUTION NO.:12625
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CAMPBELL APPROVING THE ANNUAL UPDATE TO THE INVESTMENT
POLICY AND RELATED ADMINISTRATIVE POLICY REVISIONS
WHEREAS, Government Code Section 53646(a)(2) recommends that a
statement of Investment Policy be submitted to the City's legislative body annually for its
consideration at a public meeting; and
WHEREAS, there has been submitted to the City Council a statement of the
City's Investment Policy; and
WHEREAS, the Policy and any changes recommended by staff and the Finance
Sub-Committee have been reviewed by the City Council and it has been determined
that the FY 2020-21 Investment Policy as recommended is acceptable;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Campbell that the FY 2020-21 Investment Policy is hereby approved as submitted.
PASSED AND ADOPTED the 18th day of August 2020 by the following roll call
vote:
AYES: Councilmembers: Waterman, Bybee, Resnikoff, Gibbons, Landry
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPROVED:
Susan M. Land , Mayor
ATTEST:
4haLAa Sa rs, Acting City Clerk