City Council

5. Resolution No. 2024-21: Amending City Council Policy F-1 (Statement of\nInvestment Policy)\na) Determine this action is exempt from the California Environmental Quality Act\n(CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA\nGuidelines because this action will not result in a physical change to the\nenvironment, directly or indirectly; and\nb) Adopt Resolution No. 2024-21, A Resolution of the City Council of the City of\nNewport Beach, California, Amending City Council Policy F-1 (Statement of\nInvestment Policy) Deleting Language Regarding Investment in the Los Angeles\nCounty Investment Pool, and Deleting Redundant Language Regarding Adoption\nDate.\nStaff Report\nAttachment A - Council Policy F-1 (redlines)\nAttachment B - Resolution No. 2024-21\nApril 9, 2024\nCONTRACTS AND AGREEMENTS