CC Resolution No. 9774RESOLUTION NO. 9774
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
RESCINDING RESOLUTION NO. 9152 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. 9152 and appoints Carol Atwood City Treasurer and Lois
Thornton Deputy Treasurer effective January 21, 1997; 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 21st day of January, 1997, by the following vote:
Vote
Members of the City Council
AYES: Burnett, Chang,
NOES: None
ABSENT: None
ABSTAIN: None
Dean, Sorensen, Bautista
APPROVED:
¥
~j~;r, City of Cu~irtino
ATTEST: