HomeMy WebLinkAboutMINUTES - 04011986 - 1.49 .�(�vl.9
TO BOARD OF SUPERVISORS
FROM: Phil Batchelor, County Administrator Contra
Costa
DATE . March 19, 1986 CoUq/
SUBJECT: County Investment Policy
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION-
Acknowledge receipt of report for period 2-1-86 through 2-28-86
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 February 28,
1986 . We will continue to file these reports with the Board on a
monthly basis.
CONTINUED ON ATTACHMENT; YES SIGNATURE:
aa4_4P
� J ;�A�
�/- RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
_p_ APPROVE OTHER
SIGNATURE S
ACTION OF BOARD ON April 1 , 1986 APPROVED AS RECOMMENDED X OTHER
VOTE OF SUPERVISORS.
--Z` 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 - ---�--/ " -
County Treasurer PHIL BATCHELOR, CLERK OF THE BOARD OF
SUPERVISORS AND COUNTY ADMINISTRATOR
BY ,DErUTY
M382/7-83 _&MLdc—s