Resolution No. 5857RESOLUTION NO. 5857
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, AND ACTING AS
THE EX OFFICIO GOVERNING BOARD OF DIRECTORS OF THE CYPRESS
RECREATION AND PARK DISTRICT, ADOPTING THE ANNUAL STATEMENT OF
INVESTMENT POLICY.
WHEREAS, Section 53646 of the Government Code of the State of California establishes
and requires the City Treasurer to annually render to the City Council at a public meeting a
Statement of Investment Policy; and
WHEREAS, the City Treasurer has heretofore prepared and submitted to the Council a
proposed Statement of Investment Policy, pursuant to law;
NOW, THEREFORE BE IT RESOLVED that the City Council of the City Cypress, and
acting as the ex officio governing Board of Directors of the Cypress Recreation and Park District,
hereby adopts the Annual Statement of Investment Policy.
PASSED AND ADOPTED by the City Council of the City of Cypress, ex officio governing
Board of Directors of the Cypress Recreation and Park District, at a regular meeting held on the
23rd day of May, 2005.
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
MAYOR OF THE CITY OF CYPRESS
I, JILL R. GUERTIN, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the
foregoing Resolution was duly adopted by said City Council at a regular meeting held on the 23rd
day of May, 2005, by the following roll call vote:
AYES: 4 COUNCIL MEMBERS: McCoy, Seymore, Sondhi and McGill
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 1 COUNCIL MEMBERS: Luebben
Y CLERK OF THE CITY OF CYPRESS
229