Resolution No. 5066460
RESOLUTION NO. 5066
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 Finance and Administrative
Services Director or City Treasurer to annually render to the City Council
at a public meeting Statement of Investment Policy; and
WHEREAS, the Finance and Administrative Services Director and
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 of Cypress, hereby adopts the Annual Statement of Investment
Policy.
PASSED AND ADOPTED by the City Council of the City of
Cypress, at a regular meeting held on the 22 "d day of February 1999.
MAYOR OF THE CITY OF CYPRESS
ATTEST:
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
I, LILLIAN M. HAINA, 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 22nd day of February
1999, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS: McCoy, McGill, Piercy
Sondhi and Keenan
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK OF THE CITY OF CYPRESS