RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MARIA, CALIFORNIA, APPROVING THE CITY OF SANTA MARIA’S 2023 INVESTMENT POLICY
WHEREAS, the City Council of the City of Santa Maria has directed the City’s Investment Officer to annually submit an Investment Policy to the City Council; and
WHEREAS, the Investment Policy has been reviewed by the City Council.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Santa Maria, California, as follows:
1) Approves and adopts t he City of Santa Maria’s 2023 Investment Policy (Exhibit A); and
2) Authority for implementation and oversight responsibility of the 202 3 Investment Policy is delegated to the City’s Investment Officer; and
3) The Chief Deputy City Clerk is hereby au thorized to make minor changes herein to address clerical errors, so long as substantial conformance of the intent of this document is maintained. In doing so, the Chief Deputy City Clerk shall consult with the City Manager and City Attorney concerning any changes deemed necessary.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Santa Maria on this 20th day of June 2023.
ATTEST:
Chief Deputy City Clerk
Mayor
Exhibit A: 2023 City Investment Policy
APPROVED AS TO FORM:
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City Attorney
APPROVED AS TO CONTENT:
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Department Director
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City Manager