Buena Park

City Council

February 14, 2023 Item #16

Agenda Item 16

16. RESOLUTION APPROVING THE CITY OF BUENA PARK STATEMENT OF\nINVESTMENT POLICY DATED FEBRUARY 14, 2023\nPurpose: Authorize the Director of Finance/City Treasurer to invest idle money in the\nCity Treasury not required for the immediate necessities of the City as he deems\nappropriate, as allowed by State law. There is no direct budget impact with the approval\nof this item.\nRecommended Action: 1) Adopt a resolution approving the City of Buena Park\nStatement of Investment Policy dated February 14, 2023.