HomeMy WebLinkAboutMINUTES - 06051990 - 1.138 1®1.38
TO: BOARD OF SUPERVISORS �E
,. Contra
FROM: ` Costa
Phil Batchelor, County Administrator o'� s
.Count
DATE: May 29, 1990 --,
A CUUN"n
SUBJECT: REPORT OF TREASURER-TAX COLLECTOR ON COUNTY' S INVESTMENTS
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMEMATION
Acknowledge receipt of the attached monthly report required by
Government Code Section 53646 (b) on the investment of County
funds under the control of the Treasurer-Tax Collector for the
month of April, 1990 .
BACKGROUND:
In 1985, SB 115 was enacted which amended Section 53601 , 53635
and 53646 of the Government Code to require that the Treasurer of
every local government agency provide a monthly report to the
governing board showing the type of investment, institution, date
of maturity, amount of deposit, current market value for all
securities with a maturity of more than 12 months, rate of
interest and such data as may be required by the local agency.
The attached monthly report for April, 1990 fulfills this
requirement.
CONTINUED ON ATTACHMENT:Na YES SIGNATURE:
X RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON June 5 . 1990 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
Z 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: ATTESTED JUN 5 1990
PHIL BATCHELOR,CLERK OF THE BOARD OF
SUPERVISORS AND COUNTY ADMINISTRATOR
'County Administrator
Treasurer-Tax Collector
M382 (10/88)
BY ,DEPUTY