San Jose Ca.Gov
File #: 23-361    Version: 1
Type: Strategic Support Status: Agenda Ready
File created: 2/28/2023 In control: City Council
On agenda: 3/14/2023 Final action:
Title: City of San José Investment Policy Annual Review.
Attachments: 1. Memorandum, 2. Resolution, 3. Presentation - est. 5 minutes

...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]