Dana Point

City Council

11. ANNUAL REVIEW OF INVESTMENT POLICY AND PARTICIPATION IN THE CALIFORNIA ASSET MANAGEMENT PROGRAM CASH RESERVE PORTFOLIO RECOMMENDED ACTION: That the City Council: 1. Approve the City’s Statement of Safekeeping and Investment of Public Funds Policy (“Investment Policy”); and 3 2. Authorize the City Manager, or designee to execute the necessary documents for the City to participate in the California Asset Management Program Cash Reserve Portfolio as an Investor.