HomeMy WebLinkAboutMINUTES - 10281986 - 1.4 (3) 40 �
BOARD OF SUPERVISORS
FROM: Phil Batchelor ^ +}
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County Administrator -.L—
DATE: October 20, 1986 Cointy
SUBJECT: County Investment Policy
SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION•
Acknowledge receipt of report for period September 1, 1986
through September 30, 1986 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:
SB 115 ( Chapter 1526, Statutes of 1985) became effective January
1, 1986 . SB 115 amended Government Code Section 53601, 53635 and
53646 relating to funds of local agencies 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 SB 115. We
herewith transmit a copy of the monthly report as of September
30, 1986 We will continue to file these reports with the Board on
a monthly basis.
CONTINUED ON ATTACHMENT; YES SIGNATURE: gmw Ze
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
X APPROVE OTHER /
S IGNATURE I S 1: (?%�1YX�CK 4/• l/`I�I/I- r)J�'�%��' —
ACTION OF BOARD ON October 28, 1986 APPROVED AS RECOMMENDED X- OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT TH I S IS A TRUE
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
Q SHOWN.
cc: County Administrator ATTESTED _ OCT 2 v j 1986
County Treasurer-Tax Collector PHIL BATCHELOR, CLERK OF THE BOARD OF
County Auditor-Controller SUPERVISORS AND COUNTY ADMINISTRATOR
BY (� � fJ�� DEPUTY
M382/7-83