Ontario

City Council

December 05, 2023 Item #3

Agenda Item 3

3. RESOLUTIONS UPDATING AUTHORIZED DEPUTY CITY TREASURERS AND UPDATED\nINVESTMENT POLICY\nThat the City Council adopt Resolutions rescinding Resolution Nos. 2022-157 and 2022-158;\nand amending the list of Deputy City Treasurers authorized to invest City funds in the Local\nAgency Investment Fund (LAIF) and other eligible investment securities and consider and\napprove the update to the City of Ontario’s Investment Policy.\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ONTARIO, CALIFORNIA, PROVIDING FOR\nTHE INVESTMENT OF INACTIVE FUNDS IN THE LOCAL AGENCY INVESTMENT FUND OF THE\nCALIFORNIA STATE TREASURY AND HEREBY RESCINDING RESOLUTION NO. 2022-157.\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ONTARIO, CALIFORNIA, AUTHORIZING\nTHE INVESTMENT OF CITY FUNDS AND HEREBY RESCINDING RESOLUTION NO. 2022-158.\nATTACHMENT: Investment Policy (2023)^EXHIBIT A\nATTACHMENT: Updating Authorized Deputy City Treasurers^02^RESO-Local Agency\nInvestment Fund^RM\nATTACHMENT: Updating Authorized Deputy City Treasurers^03^RESO- City Funds^RM