CC Resolution No. 9152
RESOLUTION NO. 9152
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
RESCINDING RESOLUTION NO. 8638 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 invests funds in accordance with provisions of California
Government Code Section 53600; and
WHEREAS, the City annually adopts an investment policy;
NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of
Cupertino hereby rescinds Resolution No. 8638 and appoints Carol Atwood City Treasurer
and Lois Thornton Deputy Treasurer effective August 15, 1994; 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 regular meeting of the City Council of the City of
Cupertino this ~ day of August , 1994, by the following vote:
~ Members of the Ci1;y Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Bautista, Burnett, Dean, Koppel
None
Sorensen
None
APPROVED:
/s/ Barb Koppel
Mayor, City of Cupertino
ATTEST:
/s/ Kim Marie Smith
City Clerk