RESOLUTION NO. (N.C.S.)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SALINAS ADOPTING THE CITY’S ANNUAL INVESTMENT POLICY, AS AMENDED, FOR FISCAL YEAR 2023 WHEREAS, City of Salinas Annual Investment Policy Section 18 requires the City’s investment policy be reviewed and adopted at least annually; and WHEREAS, following review by City staff and consultation with the City’s investment advisor, Chandler Asset Management, staff recommends the amendment of various sections of the Policy.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Salinas adopts the City of Salinas Annual Investment Policy as amended for Fiscal Year 2023, as reflected in the attachments hereto.
PASSED AND APPROVED this 18th day of October 2022, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
APPROVED:
______________________________
Kimbley Craig, Mayor
ATTEST:
_________________________
Patricia M. Barajas, City Clerk
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