1 RESOLUTION NO.___-25
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANT HILL
APPROVING THE CITY OF PLEASANT HILL INVESTMENT POLICY EFFECTIVE JULY 1, 2025 AND DELEGATING INVESTMENT AUTHORITY TO THE CHIEF
FINANCIAL OFFICER SERVING AS CITY TREASURER
WHEREAS, California state law requires the City Treasurer to render a statement of Investment Policy annually to the City Council at a public meeting; and WHEREAS, California state law requires the City Council to annually delegate investment authority to the City Treasurer.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Pleasant Hill, approves the City of Pleasant Hill Investment Policy (attached) effective July 1, 2025, and delegates investment authority to the Chief Financial Officer serving as City Treasurer of the City of Pleasant Hill for the fiscal year July 1, 2025 through June 30, 2026.
ADOPTED by the City Council of the City of Pleasant Hill at a regular meeting held on the 21st day of April, 2025, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
__________________________________
SUE NOACK, Mayor
ATTEST:
LYONE P. CONNER, City Clerk