Resolution 1983-02
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RESOLUTION NO. 83 - 2
RESOLUTION OF THE COUNCIL OF THE CITY OF GILROY AUTHORIZING INVESTMENT
PROCEDURES FOR POOLED FUNDS.
WHEREAS, the State of California Government Code, commencing
with Section 53600 sets forth investment procedures for all cities,
effective January 1, 1983; and
wnEREAS, it is necessary for the City to officially authorize
the participation in said procedures; and
vlliEREAS, a Statement of Investment Policy has been proposed
for the City of Gilroy.
NOW, THEREFORE, BE IT RESOLVED that the Finance Department
shall invest funds as outlined in the State of California Government
Code and the Statement of Investment Policy for the City of Gilroy.
PASSED AND ADOPTED this 3rd day of January, 1983, by the
following vote:
AYES:
NOES:
ABSENT:
COUNCIL MEMBERS: ALBERT, GAGE, HUGHAN, LINK,
TAYLOR, VALDEZ and GOODRICH.
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
APPROVED:
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Mayor
ATTEST:
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RESOLUTION NO. 83 - 2
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I, SUSANNE E. STEINMETZ, City Clerk of the City of Gilroy, do
hereby certify that the attached Resolution No. 83-2 is an
original resolution, duly adopted by the Council of the City of Gilroy
at a regular meeting of said Council held on the 3rd day of
January , 19 ~, at which meeting a quorum was present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
Official Seal or the City of Gilroy this 4th day of January
, 19 ~.