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Attachment A - Resolution - 2025 Investment Policy.pdf

Santa Maria City Council
July 1, 2025

Document
Attachment A - Resolution - 2025 Investment Policy.pdf
Meeting
July 1, 2025
Body
Santa Maria City Council
Original file
115 KB
Text extracted from the city's file for reading and search. Open the original on pub-santamaria.escribemeetings.com. That file is the official record.

Attachment A

RESOLUTION NO.

A RESOLUTION OF THE CITY COUNCIL

OF THE CITY OF SANTA MARIA, CALIFORNIA,
APPROVING THE CITY OF SANTA MARIA’S
2025 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:

SECTION 1. Approves and adopts the City of Santa Maria’s 2025 Investment Policy; and

SECTION 2. Authority for implementation and oversight responsibility of the 2025 Investment Policy is delegated to the City’s Investment Officer; and

SECTION 3. The Chief Deputy City Clerk is hereby authorized 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 1st day of July 2025.

ATTEST:

Chief Deputy City Clerk

Mayor

APPROVED AS TO FORM:
_______________________________
City Attorney
APPROVED AS TO CONTENT:
_______________________________
Department Director
_______________________________
City Manager

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