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Att#1 Reso 2022-03 adopting the 2022 Investment Policy

City Council/Public Financing Authority
February 1, 2022

Document
Att#1 Reso 2022-03 adopting the 2022 Investment Policy
Meeting
February 1, 2022
Body
City Council/Public Financing Authority
Original file
198 KB
Text extracted from the city's file for reading and search. Open the original on huntingtonbeach.legistar1.com. That file is the official record.

RESOLUTION NO. 2022-03

A RESOLUTION OF THE CITY COUNCIL OF THE

CITY OF HUNTINGTON BEACH APPROVING THE
STATEMENT OF INVESTMENT POLICY 2022
WHEREAS, the City Council of the City of Huntington Beach is required to approve an annual statement of investment policy; and
The duly elected City Treasurer has recommended approval of the City of Huntington Beach Statement of Investment Policy, attached hereto as Exhibit "A" and incorporated herein by this reference; and
The duly appointed Investment Advisory Board has reviewed the City Treasurer's recommended policy and also recommends approval thereof; and The policy is consistent with California Government Code §53600, et seq.

NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows:

The City Council of the City of Huntington Beach hereby approves and adopts the attached City of Huntington Beach Statement of Investment Policy for 2022 so long as applied in a manner consistent with state and local law as amended from time to time.

PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the day of _, 2022.

Mayor
REVIEWED AND APPROVED: APPROVED AS TO FORM:

City Manager City Attorney + li
INITIATED AND APPROVED:
aBackstron
City Treasurer
22-10877/274427

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