HomeMy WebLinkAboutMINUTES - 08281990 - 1.65 � 1=G65
TO: BOARD OF SUPERVISORS Contra
FROM: Phil Batchelor, County Administrator o ✓-/ s Costa
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August 20, 1990 County�"'o.- = :�r'�
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DATE: '605UU
REPORT OF TREASURER-TAX COLLECTOR ON COUNTY'S INVESTMENTS
SUBJECT:
SPECIFIC REOUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
Acknowledge receipt of the attached monthly report required by
Government Code Section 53646 (b) on the investment of County
funds under the control of the Treasurer-Tax Collector for the
month of June, 1990.
BACKGROUND:
In 1985, SB 115 was enacted which amended Section 53601, 53635
and 53646 of the Government Code to require that the Treasurer of
every local government agency provide a monthly report to the
governing board showing the type of investment, institution, date
of maturity, amount of deposit, current market value for all
securities with a maturity of more than 12 months., rate of
interest and such data as may be required by the local agency.
The attached monthly report for June, 1990 fulfills this
requirement.
CONTINUED ON ATTACHMENT:N0 YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR -RECOMMENDATION OF BOARD COMMITTEE
APPROVE /�jn/ _OTHER �j� ���
SIGNATURE(S): ( _05i �/�!/vL-
ACTION OF BOARD ON August 28, 19 9 APPROVED AS RECOMMENDED x OTHER x
Original print-out is on file with the Clerk of the Board
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
x UNANIMOUS(ABSENT II I IV ) 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 August 28 , 1990 i
Treasurer-Tax Collector
PHIL BATCHELOR,CLERK OF THE BOARD OF
SUPERVISORS ANP COUNTY ADMINISTRATOR
BY ,DEPUTY
M382 (10/88) . I