HomeMy WebLinkAbout25294RESOLUTION NO. 25294
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, ADOPTING AN
INVESTMENT POLICY GOVERNING THE INVESTMENT
OF CITY FUNDS FOR FISCAL YEAR 2025-26 AND
SUPERCEEDING RESOLUTION NO. 25200.
WHEREAS, The City Council finds the Investment Policy is consistent with the
City's commitment to safeguarding public funds; and
WHEREAS, The City of Palm Springs Investment Policy, Attachment F and
incorporated by reference, is hereby adopted; and
WHEREAS, Resolution No. 25200 is hereby superseded in its entirety.
ADOPTED THIS 14TH DAY OF MAY 2025.
ATTEST:
B enda Pree, MMC, CERA
City Clerk
L
Scott Stiles, City Manager
Resolution No. 25294
Page 2
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE) ss.
CITY OF PALM SPRINGS)
I, BRENDA PREE, City Clerk of the City of Palm Springs, hereby certify
that Resolution No. 25294 is a full, true and correct copy, and was duly adopted
at a regular meeting of the City Council of the City of Palm Springs on the 14th
day of May, by the following vote:
AYES: Councilmembers Ready, Garner, Bernstein, Mayor Pro Tern Soto,
and Mayor deHarte
NOES: None
ABSENT: None
ABSTAIN: None
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official
seal of the City of Palm Springs, California, this al -Si- day of May, 2025.
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rends reel, MMC, CERA
City Clerk
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