CC Resolution No. 14-158 Rescinding Resolution No. 13-014 and adopting Treasurer and Deputy Treasurer RESOLUTION NO. 14-158
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
RESCINDING RESOLUTION NO. 13-014 AND APPOINTING
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. 13--014 and appoints Kristina Alfaro as City
Treasurer and Lisa Taitano as Deputy Treasurer; and
BE IT FURTHER RESOLVED that the City Treasurer shall have all of the duties
and responsibilities under Cupertino Municipal Code Chapter 2.24 and is further
empowered and specifically authorized to invest and reinvest City funds in accordance
with California Government Code Section 536300, and following; 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 regular meeting of the City Council of the City of
Cupertino this 2nd day of June 2014 by the following vote:
Vote Members of the City Covincil
AYES: Wong, Sinks, Chang, Mahoney, Santoro
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
Wong, tino Grace Schmidt Ci ty Clerk 'Gilbert Ma or, City Cu