City Council

G. ADOPT THE CITY OF PALM SPRINGS FY 2024-25 INVESTMENT POLICY GOVERNING\nTHE INVESTMENT OF CITY FUNDS.\nRECOMMENDATION:\nAdopt Resolution entitled,“ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nPALM SPRINGS, CALIFORNIA, ADOPTING AN INVESTMENT POLICY GOVERNING\nTHE INVESTMENT OF CITY FUNDS AND SUPERCEEDING RESOLUTION NO. 25123”\nand delegating the City Council’s authority to invest and reinvest public funds, and to sell or\nexchange securities so purchased, to the City Treasurer for one year or until earlier\nrevoked by the City Council.\nClick to View