HomeMy WebLinkAboutMINUTES - 05131986 - 1.49 ro: BOARD OF SUPERVISORS /
FROM: Phil Batchelor, County Administrator Contra
Costa
DATE: May 6 , 1986 Courly
SUBJECT: County Investment Policy
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION-
Acknowledge receipt of report for period 3-1-86 through 3-31-86
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 Sections 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 March 31,
1986. 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
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON May.1, 1986 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
1 HEREBY CERTIFY THAT THIS IS A TRUE
XUNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES'. AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISOR ON THE DATE SHOWN.
CC: County Administrator ATTESTED
County Treasurer r
PHIL BATCHEL R, CLERK OF THE BOARD OF
County Auditor SUPERVISORS AND COUNTY ADMINISTRATOR
M382/7-83 BY ? DEPUTY