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File #: 20-1033    Version: 1
Type: Consent Agenda Status: Agenda Ready
File created: 8/31/2020 In control: City Council
On agenda: 9/15/2020 Final action:
Title: Temporary Amendment to the City of San José Investment Policy.
Attachments: 1. Memorandum, 2. Resolution

...Title

Temporary Amendment to the City of San José Investment Policy.

...Recommendations

Adopt a resolution approving revisions to Council Policy 1-12, “City of San José Investment Policy”, to temporarily increase the average weighted maturity of the investment portfolio from 2 years to 2.5 years through June 30, 2021.

CEQA: Not a Project, File No. PP17-008, General Procedure and Policy Making resulting in no changes to the physical environment. (Finance)