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Resolution 1983-02 "'- . . ...."',,:..~ 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: 7~~4.\~ Mayor ATTEST: p},(&~~~ RESOLUTION NO. 83 - 2 . .. .....::,:'-;,.. T 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 ~.