HomeMy WebLinkAboutRESOLUTIONS - 01071986 - 1.66 VVI
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To BOARD OF SUPERVISORS
FROM: Phil Batchelor, County Administrator �f��t
V�'\,.�JI�,,1tr
DATE'.
December 30, 1985 `�Wa
SUBJECT; County Investment Policy
SPECIFIC REQUEST(S) OR RECOMMENDATION(_S) a BACKGROUND AND JUSTIFICATION
RECOMMENDATION•
Acknowledge receipt of report for period 11-1-85 through 11-30-85
from County Treasurer-Tax Collector, pursuant to Government Code
Section 53646 , commenting on County investment policy and
identifying specific investments currently held by the Treasurer.
BACKGROUND:
AB 1073 (Chapter 1226 , Statutes of 1984 ) became effective January
1, 1985 . AB 1073 amended Government Code Section 53646 to
require the Treasurer to annually render a statement of
investment policy to the Board of Supervisors and then to file a
monthly report with the County Administrator and Board of
Supervisors detailing investments made by the Treasurer.
The Treasurer has complied with the provisions of AB 1073 . We
herewith transmit a copy of the monthly report as of November 30,
1985 . We will continue to file these reports with the Board on a
monthly basis.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
_ RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
X APPROVE OTHER
SiGNATURE(S): C lel I&AO
ACTION OR BOARD ON Januar,y1986 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
1 HEREBY CERTIFY THAT THIS IS A TRUE
X UNANIMOUS (ABSENT - AND CORRECT COPY OF AN ACTION TAKEN
AYES. NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
cc: County Administrator ATTESTED January- 7 , .1986
County Treasurer PHIL BATCHELOR, CLERK OF THE BOARD OF
County Auditor SUPERVISORS AND COUNTY ADMINISTRATOR
M382/7-83 BY ,DEPUTY