Chula Vista

City Council

February 13, 2024 Consent Calendar #7

Agenda Item 7

5.7 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, 2023\nReport Number: 24-0051\nLocation: No specific geographic location\nDepartment: Finance\nG.C. § 84308: 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 on\nDecember 31, 2023.\nFebruary 13, 2024 Revised Agenda Page 5 of 9\nCity of Chula Vista - City Council