File #: 203792   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 2/27/2024
Title: Annual Report of the Investment Review Committee for Fiscal Year 2022-23
Attachments: 1. Council Report, 2. ATT 1 - Annual Report of the Investment Review Committee for FY 22-23, 3. ATT 2 - Redlined Version of Council Policy B-2, 4. ATT 3 - Resolution, 5. ATT 4 - IRC Agenda and Memo, 10-30-23

Title

Annual Report of the Investment Review Committee for Fiscal Year 2022-23

Recommended Action

1.  Accept the Annual Report of the Investment Review Committee for Fiscal Year 2022-23 (Attachment 1 to the Council report).

 

2.  Adopt a Resolution of the City Council of the City of Mountain View Amending City Council Policy B-2, Investment Policy, to be read in title only, further reading waived (Attachment 3 to the Council report).

 

3.  Approve the Investment Review Committee's recommendations for staff to explore other legally allowable investment types to potentially expand the City's Investment diversification.