RESOLUTION NO. 2025-xxxx
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, CALIFORNIA, REPEALING RESOLUTION NO. 2024-9382 AND ADOPTING THE CITY’S ANNUAL INVESTMENT POLICY WHEREAS, the City Treasurer has prepared an Investment Policy and Guidelines, attached hereto as Exhibit A and incorporated herein by reference as if set forth in full; and WHEREAS, said statement is intended to provide guidelines for the prudent investment of the City’s temporary idle cash and outline the policies for maximizing the efficiency of the City’s cash management system; and WHEREAS, the investment goal is to enhance the economic condition of the City while insuring the safety of funds invested; and WHEREAS, the Treasurer annually submits a recommended updated Investment Policy and Guidelines to be reviewed and approved by City Council.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of San Marcos has reviewed and does hereby approve the Investment Policy and Guidelines attached hereto as Exhibit A.
PASSED, APPROVED AND ADOPTED by the City Council of the City of San Marcos this 9th day of December 2025 by the following roll call vote:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
_____________________________
Rebecca D. Jones, Mayor
City of San Marcos
ATTEST:
_____________________________
Phillip Scollick, City Clerk
City of San Marcos
Resolution No. 2023-XXXX