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2006-113-Accepting Investment Policy Dated Nov 1 2006RESOLUTION NO. 2006-113 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS ACCEPTING INVESTMENT POLICY DATED NOVEMBER 7., 2006 WHEREAS, the Town's Investment Policy is required to be annually rendered to and then considered by the legislative body of the local government in a public meeting; and WHEREAS, the Town's existing Investment Policy was adopted in August, 2005; and WHEREAS, the new policy retains the content of the old policy without any major policy changes, but with more detailed descriptions of investments allowed; RESOLVED, the Town Council has reviewed and accepted the Town Investment Policy dated November 1, 2006 as the investment policy for the Town. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 2nd day of November, 2006 by the following vote: COUNCIL MEMBERS: AYES: Steve Glickman, Joe Pirzynski, Barbara Spector, Mike Wasserman, Mayor Diane McNutt NAYS: None ABSENT: ABSTAIN: ATTEST: r -~,t ° ~ CLERK OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA SIGNED: ~ ;G~ ~ ~~~ MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA 1