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TOWN OF TRUCKEE <br /> California <br /> RESOLUTION 2017-31 <br /> A RESOLUTION OF THE TRUCKEE TOWN COUNCIL <br /> ADOPTING TOWN INVESTMENT POLICY <br /> WHEREAS, the Town Council has the final authority to invest surplus funds <br /> pursuant to Government Code Section 53601; and <br /> WHEREAS, the Town Council may delegate its investment authority to the Town <br /> Treasurer and explicitly provide what investments the Town Treasurer is or is not <br /> allowed to make in an annual investment policy; and <br /> WHEREAS, the Town Council desires to so delegate and adopt an Investment <br /> Policy for the 2017/2018 fiscal year. <br /> ..... <br /> NOW, THEREFORE, BE IT RESOLVED BY THE TRUCKEE TOWN COUNCIL <br /> as follows: <br /> ' 1. The Town Treasurer is hereby appointed to carry out the Investment Policy <br /> that is on file in the Town Clerk's Office. <br /> 2. The Town Treasurer shall submit a report to the Town Council of any and all <br /> investment transactions pursuant to Section 53607 of the Government Code. <br /> The foregoing resolution was introduced by Council Member Tirman, <br /> seconded by Council Member Abrams, at a regular meeting of the Truckee Town <br /> Council, held on the 27`h day of June, 2017 and adopted by the following vote: <br /> AYES: Council Members, Tirman, Abrams, Flora, and Vice Mayor <br /> Wallace Dee. <br /> NOES: None <br /> ABSENT: Mayor Goodwin <br /> 73, <br /> Carolyn Wallace De-jr, ice Mayor <br /> ATTEST: <br /> 411P / <br /> Judy -rice, f , Town Clerk <br />