HomeMy WebLinkAboutMINUTES - 07141987 - 1.79 To BOARD OF SUPERVISORS
FROM Phil Batchelor, ClV
County Administrator tJl ltr
o CWIQ
DATE I July 7, 1987
SUBJECTCounty Investment Policy
SPECIFIC REQUEST(S) OR.RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION: s
Acknowledge receipt of report for period May 1, 1987 through May
31, 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 1+526, 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 madeilby the Treasurer.
The Treasurer has complied with the provisions of SB 115. We
herewith transmit a copy of the monthly report as of May 31,
1987 . We will continue to file these reports on a monthly basis.
�i
CONTINUED ON ATTACHMENT: r. YES SIGNATURE;
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE I!OTHER
SIGNATUREISI:
ACTION OF BOARD ON 71/1/I /.�� _ A"i ROVED AS RECOMMENDED OTHER
„ T7
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
A UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TAKEN
AYES: ,DOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE .DATE SHOWN.
cc: County Administrator ATTESTED -
JUL 14 �g�t
County Treasurer PHIL BATCH ELOR, CLERK OF THE BOARD OF
County Auditor SUPERVISORS AND COUNTY ADMINISTRATOR
i ]
BY
DEPUTY
M.382/7-83 .
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