CITY OF FAIRFIELD
RESOLUTION NO. 2025-108
APPROVING THE CITY OF FAIRFIELD INVESTMENT POLICY
WHEREAS, AB 2853 has made the annual adoption of an investment policy optional; and
WHEREAS, this policy has been prepared in accordance with standards established by the Association of Public Treasurers of the United States and Canada.
NOW, THEREFORE, THE COUNCIL OF THE CITY OF FAIRFIELD HEREBY RESOLVES:
Section 1. Pursuant to Government Code 53601 , the City of Fairfield Investment Policy is hereby approved as attached hereto and incorporated by reference in Exhibit C.
Section 2. The director of finance is hereby authorized to do all things necessary to implement said Investment Policy, working in conjunction with the city treasurer.
PASSED AND ADOPTED this 17th day of June 2025, by the following vote:
AYES: COUNCILMEMBERS: MOY / BERTANI / CARR / PANDURO / SANDHU / TONNESEN / WILLIAMS
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
ABSTAIN: COUNCILMEMBERS:
MAYOR
ATTEST:
____________________________
CITY CLERK