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Resolution Adopting City Investment Policy for FY 2026-2027

Glendale City Council
September 22, 2026

Document
Resolution Adopting City Investment Policy for FY 2026-2027
Meeting
September 22, 2026
Body
Glendale City Council
Original file
227 KB
Text extracted from the city's file for reading and search. Open the original on glendaleca.primegov.com. That file is the official record.

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, 2026, 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 ___________, 2026.
________________________________________
M a y o r
ATTEST:
___________________
City Clerk
22 September

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 ___22nd___ day of _September_, 2026, and that same was adopted by the following vote:

A y e s :

N o e s :

A b s e n t :
________________________
C i t y C l e r k

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