HomeMy WebLinkAboutMINUTES - 01121988 - 1.37 1-037
TO� BOARD OF SUPERVISORS
FROM: Phil Batchelor Contra
County Administrator �,},�
Costa
DATE: December 29 , 1987 l.OJ*
SUBJECT;
County Investment Policy
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION-
Acknowledge receipt .of report for period November 1, 1987 through
November 30 , 1987 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 November 30,
1987. We will continue to file these reports with the Board on a
monthly basis.
CONTINUED ON ATTACHMENT; YES SIGNATURE:
X RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
X APPROVE OTHER
A0
)�Q�
SIGNATURE S : ' _
ACTION OF BOARD ON January 12, 1988 APPROVED AS RECOMM,-NDEO OTHER ,
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS 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 SHOWN.
CC: County Administrator ATTESTED
County Auditor-Controller p-g
County Treasurer-Tax Collector PHI BATCHELOR, CLERK OF THE BOARD OF
SUPERVISORS AND COUNTY, ADMINISTRATOR
BY
M382/7-83 ,DEPUTY,. —