City Council

5.4 Policy and Investment Report: Amend City Council Policy No. 220-01, Delegate Investment\nActivity Authority to the Director of Finance/Treasurer, and Accept the Investment Report for\nQuarter Ending December 31, 2024\nReport Number: 25-0012\nLocation: No specific geographic location\nDepartment: Finance\nG.C. § 84308 Regulations Apply: No\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, amending the existing policy, delegating investment activity authority to the\nDirector of Finance/Treasurer, and accepting the investment report for the quarter ending\nDecember 31, 2024.