Pasadena

City Council

20. APPROVE AN AMENDMENT TO THE CITY’S INVESTMENT POLICY (Finance Dept.) Recommendation: It is recommended that the City Council: (1) Find that the proposed action in the agenda report is not a “project” subject to California Environmental Quality Act (CEQA) as defined in section 15378(b)(4) of the State CEQA Guidelines, and as such, no environmental document pursuant to CEQA is required for the project; and (2) Approve the suggested amendment to the City’s Investment Policy as described in the agenda report.