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2024_05_28_Att_Proposed Housing Authority Resolution

City Council Meeting Agenda
May 28, 2024

Document
2024_05_28_Att_Proposed Housing Authority Resolution
Meeting
May 28, 2024
Body
City Council Meeting Agenda
Original file
79 KB
Text extracted from the city's file for reading and search. Open the original on culver-city.legistar1.com. That file is the official record.

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31 RESOLUTION NO. 2024-HA____

A RESOLUTION OF THE BOARD OF THE CULVER CITY HOUSING

AUTHORITY, ADOPTING, AND INCORPORATING BY REFERENCE

THE CULVER CITY INVESTMENT POLICY, WHICH SHALL SERVE
AS THE HOUSING AUTHORITY INVESTMENT POLICY.

WHEREAS, the Culver City Chief Financial Officer/City Treasurer has prepared an updated Investment Policy for the City of Culver City; and WHEREAS, the Board of the Culver City Housing Authority (“Housing Authority”) desires to adopt and incorporate by reference the current City of Culver City Investment Policy as the Housing Authority’s Investment Policy.

NOW, THEREFORE, the Board of the Housing Authority , DOES HEREBY RESOLVE as follows:

1. The Board of the Housing Authority hereby adopts and incorporates by reference the current City of Culver City Investment Policy, which shall serve as the Housing Authority Investment Policy.

2. Any and all other prior resolutions in conflict with this Resolution are hereby rescinded.

APPROVED and ADOPTED this day of 2024.

YASMINE-IMANI MCMORRIN, CHAIR
Culver City Housing Authority

ATTEST: APPROVED AS TO FORM:

JEREMY BOCCHINO, Secretary HEATHER S. BAKER, Housing Authority Counsel

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