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102-Resolution.pdf
RESOLUTIONNO. 11- ARESOLUTIONOFTHECITYCOUNCILOF THECITYOFCUPERTINO RESCINDINGRESOLUTIONNO. 10-021ANDAPPOINTING TREASURERANDDEPUTY TREASURER WHEREAS,theCity hasavailablefundstoinvestinaccordancewith principles of sound treasurymanagement;and WHEREAS,theCityannuallyadoptsaninvestment policy; WHEREAS,theCityinvestsfundsinaccordancewith provisions ofCalifornia GovernmentCodeSection 53600;and NOW, THEREFOREBEITRESOLVED,thattheCityCouncil oftheCityofCupertino herebyrescindsResolutionNo. 10-021andappointsCarolAtwoodCity TreasurerandDavid WooasDeputyTreasurer;and BEITFURTHERRESOLVEDthattheCity Treasurerisempoweredand specifically authorizedtoinvestandreinvestCityfundsinaccordancewithCaliforniaGovernmentCode Section 53600;to buy, sell,tradeand dealinauthorized securities on margin or otherwisein connectiontherewithandto pledgeanyandall securitiesforfuturedeliverythereof. PASSEDANDADOPTEDataregularmeetingoftheCityCouncil oftheCity of Cupertinothis 15th dayofFebruary 2011 bythefollowing vote: VoteMembers oftheCityCouncil AYES: NOES: ABSENT: ABSTAIN: APPROVED: Mayor,City ofCupertino ATTEST: CityClerk