2005-086 - Accepting Investment Policy Dated August 9, 2005RESOLUTION 2005 - 86
RESOLUTION OF THE TOWN COUNCIL
OF THE TOWN OF LOS GATOS
ACCEPTING INVESTMENT POLICY DATED AUGUST 9, 2005
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 redrafted in June, 2002 by
the Town Treasurer and submitted to the Council on July 1, 2002 for review and acceptance;
and
WHEREAS, the Town Council did review and approve the Investment Policy dated
June 24, 2002 and only minor changes to that policy are recommended at this time.
RESOLVED, the Town Council has reviewed and accepted the Town Investment
Policy dated August 9, 2005 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 15` day of August, 2005 by the following vote:
COUNCIL MEMBERS:
AYES: Steve Glickman, Diane McNutt, Joe Pirzynski, Barbara Spector,
Mayor Mike Wasserman.
NAYS: None
ABSENT: None
ABSTAIN: None
SIGNED:
AIK'01 It N—
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
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CLERK ALL ISTRATOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA