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CC - Annual Adoption of City's Investment Policy - Internal File 052TO: HONORABLE MAYOR AND MEMBERS ROSEMEAD CITY COUNCIL FROM: FRANK G. TRIPEPI, CITY MANAGER Z'~ DATE: JUNE 20, 2001 RE: ANNUAL ADOPTION OF CITY'S INVESTMENT POLICY The City's Auditor, McGladrey & Pullen, LLP requires the City Council to approve on an annual basis the City's Investment Policy. Attached is a copy of the City's Investment Policy approved by the City Council at the Adjourned Meeting of October 3, 1995. Also included is the staff report from that meeting as well as the minutes. RECOMMENDATION It is recommended that the City Council adopt the attached policy. klo:wordbankmisOnvestpolicyag.doc (06-20-2001) OOUNCtL AGE JUN 2 6 2001 ITEM No. ~G i