...Title
City of San José Investment Policy Annual Review.
...Recommendations
As recommended by the Public Safety, Finance and Strategic Support Committee on February 16, 2023:
(a) Accept the annual review of the City of San José Investment Policy, as amended.
(b) Adopt a resolution amending Council Policy 1-12, City of San José Investment Policy to reduce the combined issuer/institution limits from 10% to 5%, reflect the updated version of the Federal Reserve Bank’s Primary Dealer List, and various technical clean-ups.
CEQA: Not a Project, File No. PP17-008, General Procedure and Policy Making resulting in no changes to the physical environment. (Finance)
[Public Safety, Finance and Strategic Support Committee referral 2/16/2023 - Item (d)3]