CC Resolution No. 13-014 Appointments of the Treasurer and Deputy Treasurer RESOLUTION NO. 13-014
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
RESCINDING RESOLUTION NO. 12-020 AND MAKING APPOINTMENTS OF
THE TREASURER AND DEPUTY TREASURER
WHEREAS, the City has available funds to invest in accordance with principles
of sound treasury management; and
WHEREAS, the City annually adopts an investment policy; and
WHEREAS, the City invests funds in accordance with provisions of California
Government Code Section 53600; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Cupertino hereby rescinds Resolution No. 12-020 and appoints Carol A. Atwood as City
Treasurer and David Woo as Deputy Treasurer; and
BE IT FURTHER RESOLVED that the City Treasurer is empowered and
specifically authorized to invest and reinvest City funds in accordance with California
Government Code Section 53600; to buy, sell, trade and deal in authorized securities on
margin or otherwise in connection therewith and to pledge any and all securities for
future delivery thereof.
PASSED AND ADOPTED at a special meeting of the City Council of the City of
Cupertino this 19th day of February 2013, by the following vote:
Vote Members of the City Council
AYES: Mahoney, Wong, Chang, Santoro, Sinks,
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROV
6-7,49■,(LSIAA 1'dj-
Grace Schmidt, City Clerk Orrin Mahoney, Mayor,!tof Cupertino