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2017-049 - City's Statement of Investment Policy
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2017-049 - City's Statement of Investment Policy
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7/12/2017 3:01:51 PM
Creation date
7/11/2017 9:28:09 AM
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City Clerk
Doc Type
Resolution
Doc #
2017-049
Date
7/5/2017
Destruction Year
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POLICY REVIEW & ADOPTION: <br />This investment policy shall be reviewed at least annually to ensure its consistency with the <br />overall objectives of preservation of PRINCIPAL, LIQUIDITY, AND YIELD and its relevance to <br />current law, financial and economic trends, and to meet the needs of the City of Santa Ana. The <br />Executive Director for FMSA shall annually render this Statement of Investment Policy to the City <br />Council and City Manager. The City Council shall annually review and adopt this Statement of <br />Investment Policy by resolution at a public meeting. <br />Submitted to the City of Santa Ana City Council for approval, this 5th day of July, 2017. <br />Francisco Gutierrez <br />Executive Director / City Treasurer <br />Finance & Management Services Agency <br />WH:RP <br />
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