City Council

5.5 Policy and Investment Report: Acknowledge Receipt of City Council Policy No. 220-01,\nDelegate Investment Activity Authority to the Director of Finance/Treasurer, and Accept the\nInvestment Report for the Quarter Ending on December 31, 2022\nReport Number: 23-0042\nLocation: No specific geographic location\nDepartment: Finance\nEnvironmental Notice: The activity is not a “Project” as defined under Section 15378 of the\nCalifornia Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines\nSection 15060(c)(3) no environmental review is required.\nRECOMMENDED ACTION:\nAdopt a resolution acknowledging receipt of City Council Policy No. 220-01 Investment Policy\nand Guidelines, delegating investment activity authority to the Director of Finance/Treasurer,\nand accepting the investment report for the quarter ending December 31, 2022.