RESOLUTION NO. __________________
RESOLUTION OF THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA
APPROVING THE INVESTMENT POLICY FOR THE CITY TREASURER
INVESTMENT OF CITY FUNDS
WHEREAS, the Council of the City of Glendale has previously adopted an Investment Policy for the City Treasurer in the Investment of City Funds; and WHEREAS, it is in the best interest of the City from time to time to review, revise and if necessary, readopt the Investment Policy, and
WHEREAS, both the City Treasurer and Investment Policy Advisory Committee have determined that a revision to the policy is appropriate to better diversify the Investment Policy of the City of Glendale.
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF GLENDALE, CALIFORNIA:
SECTION 1. That the Investment Policy of the City of Glendale, as revised dated September 30, 2025, is hereby approved and adopted as the Investment Policy of the City of Glendale.
SECTION 2. The City Treasurer shall retain a copy of the Investment Policy in the office of the City Treasurer.
Adopted this _____________ day of ___________, 2025.
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M a y o r
ATTEST:
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City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES
) SS
CITY OF GLENDALE )
I, SUZIE ABAJIAN, City Clerk of the C ity of Glendale, do hereby certify that the foregoing Resolution No. ___________ was adopted by the Council of the City of Glendale, California, at a regular meeting held on the ___30th___ day of _September_, 2025, and that same was adopted by the following vote:
A y e s :
N o e s :
A b s e n t :
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C i t y C l e r k