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RESOLUTION 2014 -066 <br />RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS <br />ADOPTING THE TOWN OF LOS GATOS INVESTMENT POLICY <br />WHEREAS, the Town of Los Gatos Investment Policy is required to be rendered to <br />and then considered by the legislative body of the local government in a public meeting; and <br />WHEREAS, the Town's existing Investment Policy was adopted in May 2008; and <br />WHEREAS, the new policy updates the existing policy to make it current with <br />California Code and with best municipal investment practices, as suggested by Cutwater Asset <br />Management, who is a consultant to the Town for investment advice. <br />NOW, THEREFORE, BE IT RESOLVED, THE TOWN COUNCIL OF THE <br />TOWN OF LOS GATOS has reviewed and accepted the revised Town Investment Policy. <br />PASSED AND ADOPTED at a regular of the Town Council of the Town of Los <br />Gatos, California, held on the 4th day of November 2014 by the following vote. <br />COUNCIL MEMBERS: <br />AYES: Marcia Jensen, Diane McNutt, Joe Pirzynski, Barbara Spector, Mayor Steven Leonardis <br />NAYS: <br />ABSENT: <br />ABSTAIN: <br />MAYOR OF THE TOWN OF <br />LOS GATOS, CALIFORNIA <br />ATTEST: <br />CLERK ADMINISTRATOR OF THE TOWN OF LOS GATOS <br />LOS GATOS, CALIFORNIA <br />