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Indexed public record

Delegation of Investment Authority to the City Treasurer

Approved Staff recommendation to adopt Resolution No. 2025-013 : "A Resolution of the City Council approving delegation of investment authority and other related duties to the City Treasurer, as authorized by the…

Item number
5
Staff report
SR-25-070
Department
—
Meeting
April 1, 2025
Consent calendar
Yes

Recommendation

Adopt a Resolution of the City Council approving delegation of investment authority and other related duties to the City Treasurer, as authorized by the City's Investment Policy, and approve and adopt the attached Investment Policy for Fiscal Year 2025-2026.

Action taken

Approved Staff recommendation to adopt Resolution No. 2025-013 : "A Resolution of the City Council approving delegation of investment authority and other related duties to the City Treasurer, as authorized by the City's Investment Policy, and approve and adopt the attached Investment Policy for Fiscal Year 2025-2026."

Source records

  1. City Council - April 1, 2025 - Agenda — page 3 (City of Desert Hot Springs) Source date: April 1, 2025. Validated import citation. Import/review method: authenticated agent import.
    Supporting excerpt
    Delegation of Investment Authority to the City Treasurer
  2. City Council - April 1, 2025 - Draft minutes printed in a later agenda packet — page 139 (City of Desert Hot Springs) Source date: April 1, 2025. Validated import citation. Import/review method: authenticated additive enrichment.
    Supporting excerpt
    Approved Staff recommendation to adopt Resolution No. 2025-013 : "A Resolution of the City Council approving delegation of investment authority and other related duties to the City Treasurer, as authorized by the City's Investment Policy, and approve and adopt the attached Investment Policy for Fiscal Year 2025-2026."