City Council

11. ANNUAL REVIEW OF INVESTMENT POLICY AND PARTICIPATION IN THE CALIFORNIA\nASSET MANAGEMENT PROGRAM CASH RESERVE PORTFOLIO\nRECOMMENDED ACTION: That the City Council:\n1. Approve the City’s Statement of Safekeeping and Investment of Public Funds Policy\n(“Investment Policy”); and\n3\n2. Authorize the City Manager, or designee to execute the necessary documents for the City to\nparticipate in the California Asset Management Program Cash Reserve Portfolio as an\nInvestor.