2016-063 - Adopt Investment Policy 4-02RESOLUTION 2016 -063
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
ADOPTING THE TOWN OF LOS GATOS INVESTMENT POLICY
WHEREAS, The Town of Los Gatos Investment Policy is required to be rendered to
and then considered by the legislative body of the local government in a public meeting; and
and
WHEREAS, the Town's existing Investment Policy was adopted in November 2014;
WHEREAS, the new policy updates the existing policy to make it current with
California Code and with best municipal investment practices; and
NOW THEREFORE, BE IT RESOLVED, the Town Council of the Town of Los Gatos has
received and accepted the revised Town Investment Policy.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 1'` day of November, 2016, by the following vote:
COUNCIL MEMBERS:
AYES: Marcia Jensen, Steve Leonardis, Rob Rennie, Marico Sayoc, Mayor Barbara Spector
NAYS: None.
ABSENT: None.
ABSTAIN: None
i ED: \
/ r s ��-
MAY R OF THE TOWN OF LOS GATOS
GATOS, CALIFORNIA
DATE: L
ATTEST:
CLERK ADMINISTRATOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
DATE: _.11 N_ ao
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Resolution 2016 -063 November I. 2016